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How many years will it take for $121,000 to grow to be $501,000 if it is invested in an account with a quoted annual interest
How many years will it take for $121,000 to grow to be $501,000 if it is invested in an account with a quoted annual interest rate of 8% with monthly compounding of interest? Question 15 options:
15.52
213.83
5.55
6.28
17.82
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