Multiple Choice
You plan to invest in securities that pay 7.0%,compounded annually.If you invest $5,000 today,how many years will it take for your investment to grow to $9,140.20?
A) 9.01
B) 10.79
C) 6.78
D) 9.63
E) 8.92
Correct Answer:
Verified
Correct Answer:
Verified
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