Multiple Choice
You have $1,500 today in your savings account.How long must you wait for your savings to be worth $4,000 if you are earning 1.1 percent interest,compounded annually?
A) 76.68 years
B) 79.69 years
C) 72.13 years
D) 80.57 years
E) 89.66 years
Correct Answer:
Verified
Correct Answer:
Verified
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