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You have $ 1 0 0 , 0 0 0 in a mutual fund which is drawing 6 % per year. You are planning to

You have $100,000 in a mutual fund which is drawing 6% per year. You are planning to purchase a house for $200,000. How long must you wait if you want to purchase the house with only the mutual fund?
a.n=8 years
b.n=13 years
c.n=11 years
d.n=11.9 years
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