Multiple Choice
Jack Jones wants to buy a one-way bus ticket to Kings Canyon.The ticket costs $142, but Jack has only $80.If Jack puts the money in an account that pays 9% interest compounded monthly, how many months must Jack wait until he has $142 (round to the nearest month) ?
A) 73 months
B) 75 months
C) 77 months
D) 79 months
Correct Answer:
Verified
Correct Answer:
Verified
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