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    Exam 2: The Time Value of Money: All Dollars Are Not Created Equal
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    With an Interest Rate of 9%,$5,000 Will Grow to $10,000
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With an Interest Rate of 9%,$5,000 Will Grow to $10,000

Question 40

Question 40

Multiple Choice

With an interest rate of 9%,$5,000 will grow to $10,000 in approximately


A) 8 years.
B) 4 years.
C) 12 years.
D) 24 years.

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