Multiple Choice
You have $2,158 today in your savings account. How long must you wait for your savings to be worth $4,000 if you are earning 2.1 percent interest, compounded annually?
A) 26.68 years
B) 29.69 years
C) 32.13 years
D) 33.33 years
E) 34.14 years
Correct Answer:
Verified
Correct Answer:
Verified
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