Invest in securities that pay


You plan to invest in securities that pay 8.0%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20?

Answer

A. 5.14

B. 5.71

C. 6.35

D. 7.05

E. 7.84

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Basic Statistics: Invest in securities that pay
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