Question: 5. How long will it take $5,000 to become $8,000 when the $5,000 grows at 9.5 percent per year? Group of answer choices A. 6.26

5. How long will it take $5,000 to become $8,000 when the $5,000 grows at 9.5 percent per year?

Group of answer choices

A. 6.26 years

B. 6.11 years

C. 5.18 years

D. 5.79 years

E. 5.35 years

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