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    Exam 3: Time Value of Money: an Introduction
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    If Money Is Invested at 8% Per Year, After Approximately
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If Money Is Invested at 8% Per Year, After Approximately

Question 2

Question 2

Multiple Choice

If money is invested at 8% per year, after approximately how many years will the interest earned be equal to the original investment?


A) 6 years
B) 9 years
C) 12 years
D) 5 years

Correct Answer:

verifed

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