Multiple Choice
You want to buy your dream car,but you are $5,000 short.If you could invest your entire savings of $2,350 at an annual interest of 12%,how long would you have to wait until you have accumulated enough money to buy the car?
A) 9.40 years
B) 3.48 years
C) 7.24 years
D) 6.66 years
Correct Answer:
Verified
Correct Answer:
Verified
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