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You plan to invest in securities that pay 8.1%, compounded annually. If you invest $5.000 today, how many years will it take for your investment

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You plan to invest in securities that pay 8.1%, compounded annually. If you invest $5.000 today, how many years will it take for your investment to grow to 57,825-407 O a.5.75 years Ob 12.35 years O 11 50 years O d. 11.215 years O. 5.30 years 4 What's the present value of $1,100 discounted back 4 years if the appropriate interest rate is 6%, compounded monthly? O a. 5866.83 O b. $868.35 O c. $1,078.27 Od: $871.30 O e 5865.81 0-Icon Key

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