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You invest today $40,000 in a risky bond portfolio yielding 5.02% per year. Estimate how long it takes for the portfolio to reach $72,000. That

You invest today $40,000 in a risky bond portfolio yielding 5.02% per year. Estimate how long it takes for the portfolio to reach $72,000. That is, estimate N in years. O 11.0 years O 10.0 years O 11.6 years O 12.0 years
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You invest today $40,000 in a risky bond portfolio yielding 5.02% per year. Estimate how long it takes for the portfolio to reach $72,000. That is, estimate N in years. 11.0 years 10.0 years 11.6 years 12.0 years

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