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You plan to invest in securities that pay 11.6%, compounded annually. If you invest $5,000 today, how many years will it take for your investment
You plan to invest in securities that pay 11.6%, compounded annually. If you invest $5,000 today, how many
years will it take for your investment to grow to $9,140.20?
| a. | 6.10 | |
| b. | 4.73 | |
| c. | 6.43 | |
| d. | 4.18 | |
| e. | 5.50 |
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
