If Rachel invests $1700 today in an account that pays 6 percent interest compounded annually, how long will it take for her to accumulate $6,500 in her account? Use a financial calculator to determine the amount.?

A. 23.02 years?
B. ?18.50 years
C. ?20.52 years
D. ?16.89 years
E. ?25.65 years


Answer: A

Business

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