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Several years ago, Sara invested $4,208. Today, that investment is worth $28,406 and has earned an average annual rate of return of 7.38 percent. How

Several years ago, Sara invested $4,208. Today, that investment is worth $28,406 and has earned an average annual rate of return of 7.38 percent. How long ago did Sara make her investment?

A. 14.97 years

B. 26.82 years

C.. 18.98 years

D. 31.09 years

E. 23.03 years

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