Multiple Choice
Your investment advisor has recommended your invest in bonds that pay 6.0%, compounded annually.If you invest $10, 000 today, how many years will it take for your investment to grow to $30, 000?
A) 12.37
B) 13.74
C) 15.27
D) 16.97
E) 18.85
Correct Answer:
Verified
Correct Answer:
Verified
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