Multiple Choice
Isaac only has $690 today but needs $800 to buy a new laptop.How long will he have to wait to buy the laptop if he earns 5.4 percent compounded annually on his savings?
A) 2.29 years
B) 2.48 years
C) 2.51 years
D) 2.77 years
E) 2.81 years
Correct Answer:
Verified
Correct Answer:
Verified
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