Multiple Choice
If Rachel invests $1700 today in an account that pays 6 percent interest compounded annually, how long will it take for her to accumulate $6,500 in her account?
A) 23.02 years
B) 18.50 years
C) 20.52 years
D) 16.89 years
E) 25.65 years
Correct Answer:
Verified
Correct Answer:
Verified
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