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You need $1,400 to buy a new stereo for your car. If you have $900 to invest at 6% simple interest per year, how long

You need $1,400 to buy a new stereo for your car. If you have $900 to invest at 6% simple interest per year, how long will you have to wait to buy the stereo?

a.

9.26 years

b.

9.08 years

c.

16.67 years

d.

7.58 years

e.

7.26 years

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