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Charlie has a stock investment that he hopes will be worth $250,000. Charlie invested a total of $72,500 in the stock today. The stock is

Charlie has a stock investment that he hopes will be worth $250,000. Charlie invested a total of $72,500 in the stock today. The stock is earning 11.50% and is compounding monthly. How long will it take (in years) until Charlie has his $250,000?

129.79 years

11.37 years

10.82 years

136.46 years

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