Multiple Choice
You plan to invest in securities that pay 11.6%,compounded annually.If you invest $5,000 today,how many years will it take for your investment to grow to $9,140.20?
A) 6.10
B) 4.73
C) 6.43
D) 4.18
E) 5.50
Correct Answer:
Verified
Correct Answer:
Verified
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