Your retirement account sends out their annual statement and shows that you initially opened the account with a $5000 deposit. It's grown to $100,000. It also shows an average annual growth rate of 8%. If you're 62 years old now, when was the deposit first made? O 389.3 years ago O 3.89 years ago O.393 years ago O 38.93 years ago O 48.93 years ago

Your retirement account sends out their annual statement and shows that you initially opened the account with a $5000 deposit. It's grown to $100,000. It also shows an average annual growth rate of 8%. If you're 62 years old now, when was the deposit first made? 389.3 years ago 3.89 years ago .393 years ago 38.93 years ago 48.93 years ago