Solved

You Plan to Invest in Bonds That Pay 6

Question 53

Multiple Choice

You plan to 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 $25,000?


A) 15.88
B) 17.61
C) 16.35
D) 15.73
E) 14.00

Correct Answer:

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