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Five years ago, Michael invested $12,900.00. Today, he has $23,100.00. If Michael earns the same annual rate implied from the past and current values of
Five years ago, Michael invested $12,900.00. Today, he has $23,100.00. If Michael earns the same annual rate implied from the past and current values of his invsetment, then in how many years from today does he expect to have exactly $143,900.00 O 8.09 years (plus or minus 0.05 years) O 20.70 years (plus or minus 0.05 years) 14.11 years (plus or minus 0.05 years) O 15.70 years (plus or minus 0.05 years) O None of the above is within .05 percentage points of the correct
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