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Several years ago, Jacquelyn invested $6,000. Today, that investment is worth $97,920. It has earned an average annual rate of return of 9.5 percent, compounded

Several years ago, Jacquelyn invested $6,000. Today, that investment is worth $97,920. It has earned an average annual rate of return of 9.5 percent, compounded annually. How long ago did Jacquelyn make her investment? 41.85 years 16.32 years 30.77 years 26.77 years

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