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    Personal Finance Study Set 9
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    Exam 3: Applying Time Value Concepts
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    How Many Years Will It Take for $35 to Grow
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How Many Years Will It Take for $35 to Grow

Question 38

Question 38

Multiple Choice

How many years will it take for $35 to grow to $53.87 if invested at 9 percent compounded annually?


A) 6) 0
B) 5) 5
C) 5) 0
D) 4) 0

Correct Answer:

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