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You plan to invest in securities that pay 70 percent, compounded annually. If you invest $5,000 today, how many years will take for your investment
You plan to invest in securities that pay 70 percent, compounded annually. If you invest $5,000 today, how many years will take for your investment to grow to $9.34718? Multiple Choice 9 50 years O 0.25 years 9.65 years 9.33 years 9.96 years
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
