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5- For a lump sum investment of 250,000 invested at a stated annual rate of 3% compounded daily, the number of months needed to grow

5- For a lump sum investment of 250,000 invested at a stated annual rate of 3% compounded daily, the number of months needed to grow the sum to 1,000,000 is closest to: A. 555. B. 563 C. 576

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