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You have $14,000 and will invest the money at an interest rate of .39 percent per month until the account is worth $20,800. How many
You have $14,000 and will invest the money at an interest rate of .39 percent per month until the account is worth $20,800. How many years do you have to wait until you reach your target account value?
Multiple Choice
- 7.42 years
- 9.13 years
- 8.48 years
- 7.91 years
- 8.66 years
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