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Your investment advisor has recommended your invest in bonds that pay 11.5% , compounded annually. If you invest $10,000 today, how many years will it
Your investment advisor has recommended your invest in bonds that pay
11.5%
, compounded annually. If you invest
$10,000
today, how many years will it take for your investment to grow to
$30,000
?\ a. 2.30\ b. 8.99\ c. 10.09\ d. 0.24\ e. 8.70
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