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1 pts Question 29 You are considering investing in a fund that pays a nominal annual rate of 7.75%, compounded monthly. If you invest $4,500

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1 pts Question 29 You are considering investing in a fund that pays a nominal annual rate of 7.75%, compounded monthly. If you invest $4,500 at the end of each month, how long will it take for your account to grow to $500,000? 6.97 years O 7.00 years O 30.32 years O 29.42 years O 14.96 years

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