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10 MC algo 5-37 Calculating The Number Of Periods You currently have $5,000. First United Bank will pay you an annual interest rate of 8.1

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MC algo 5-37 Calculating The Number Of Periods You currently have $5,000. First United Bank will pay you an annual interest rate of 8.1 , while Second National Bank will pay you an annual interest rate of 9.2. How many fewer years must you wait for your account value to grow to $10,300 at Second National Bank? Multiple Choice .99 years .97 years 1.28 years 1.20 years 1.07 years

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