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You have invested $2000 in a fund offering 7.98%. The amount of time it will take for your investment to grow tenfold, i.e., be worth
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You have invested $2000 in a fund offering 7.98%. The amount of time it will take for your investment to grow tenfold, i.e., be worth $20,000, rounding to the nearest integer is the following: A) 26 years B) 28 years C) 30 years D) 34 years E) 40 years
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