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34 votes
34 votes
Sarah has $12000 to invest and decides to invest it in a

mutual fund that has averaged a compound rate of return of
15.2% for each of the last 6 years. How many years will
it take for her money to grow to $600 000 if this fund
continues to average 15.2% during the time invest? Round
off your answer to the nearest year.
O 15
0 28
0 45
0 43

User Alexi Coard
by
3.0k points

1 Answer

22 votes
22 votes

Answer:

Explanation:

User Daniel Stevens
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3.0k points