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For how many years does one have to invest 15,000 for the value of the investment to become 60,000 when the interest rate is 10%

For how many years does one have to invest 15,000 for the value

of the investment to become 60,000 when the interest rate is

10% payable quarterly?

A.

10.25 years

B.

7.10 years

C.

15.55 years

D.

11.33 years

E.

8.24 years

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