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Clara is setting up a retirement fund, and she plans on depositing $5,800 per year in an investment that will pay 10% annual interest. How

Clara is setting up a retirement fund, and she plans on depositing $5,800 per year in an investment that will pay 10% annual interest. How long will it take her to reach her retirement goal of $92,437? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.

Multiple Choice

A. 20 years

B. 063 years

C. 10 years

D. 15.94 years

E. 5.0 years

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