Question: Faisal can save $ 4 6 0 0 per year. If the interest rate is 6 . 8 8 % , how long will it

Faisal can save $4600 per year. If the interest rate is
6.88%, how long will it take for his savings to grow to
$47,000? Assume end-of-year annual deposits of $4600.
7 years
6 years
10 years
9 years
5 years
8 years
Faisal can save $4600 per year. If the interest rate is

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