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If an investment of $30,000 is earning an interest rate of 12.00% annually, then is will take ____ years for this investment to reach a

If an investment of $30,000 is earning an interest rate of 12.00% annually, then is will take ____ years for this investment to reach a value of $70,186.96 - assuming that no additional deposits or withdrawals are made during this time. Fill in the blank.

A. 8.5 years

B. 5.5 years

C. 7.5 years

D. 6.5 years

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