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How long will it take $5,000 to reach $7,500 when it grows at 5 percent per year? a. 9.00 years b. 1.48 years c. 8.31

How long will it take $5,000 to reach $7,500 when it grows at 5 percent per year?

a.
9.00 years

b.
1.48 years

c.
8.31 years

d.
1.53 years

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