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Your investment account pays 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?

Your investment account pays 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?

Select the correct answer.

a. 7.90
b. 4.30
c. 9.10
d. 6.70
e. 5.50

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