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Jack has an investment that he hopes wil be worth $1,500. Jack invested a total of $150 in the investment today. The investment is earning
Jack has an investment that he hopes wil be worth $1,500. Jack invested a total of $150 in the investment today. The investment is earning 9.75% annually. How long will it take (in years) until Jack has his $1,500?
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24.75 years
10.00 years
-24.75 years (negative)
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