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You plan to invest in securities that pay 6.2%, 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 6.2%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20?

Select one:

a. 8.82

b. 10.03

c. 7.92

d. 11.53

e. 11.63

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