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38) You just won $30,000 and deposited your winnings into an account that pays 3.9 percent interest, compounded annually. How long will you have to

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38) You just won $30,000 and deposited your winnings into an account that pays 3.9 percent interest, compounded annually. How long will you have to wait until your winnings are worth $75,000? [PV, I/Y, FV given] Find N A) 22.29 years B) 22.67 years C) 25.00 years D) 23.95 years E) 21.24 years

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