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How many years will it take for $100,000 to become $1,000,000 at 7% compounded annually? (Round to the nearest year). Select one: jon O a.

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How many years will it take for $100,000 to become $1,000,000 at 7% compounded annually? (Round to the nearest year). Select one: jon O a. 8. O b. 34 O c. 33 O d. 39 How many years will it take for $38,000 to become $2,000,000 at 9% compounded semiannually? (Round to the nearest year). Select one: Jon O a. 90 O b. 92 O c. 45 O d. 46

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