Solved

You Currently Have $3,500 Invested at an Annual Rate of 8%.How

Question 53

Multiple Choice

You currently have $3,500 invested at an annual rate of 8%.How long will it take for this investment to grow to a value of $5,000?


A) 4.63 years
B) 5.00 years
C) 5.60 years
D) 4.37 years

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions