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Janice has $5,000 invested in a bank that pays an annual rate of 6.2%, compounded semiannually. How many years will it take for her funds

Janice has $5,000 invested in a bank that pays an annual rate of 6.2%, compounded semiannually. How many years will it take for her funds to triple?

Options:

A. 5.16 years

B. 9.66 years

C. 22.10 years

D. 17.99 years

E. 35.99 years

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