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You Plan to Invest in Securities That Pay 9

Question 83

Multiple Choice

You plan to invest in securities that pay 9.0%,compounded annually.If you invest $5,000 today,how many years will it take for your investment account to grow to $9,140.20?


A) 4.59
B) 5.10
C) 6.30
D) 7.00

Correct Answer:

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