Question: How long in years will it take for a mutual fund investment of $ 2 5 , 0 0 0 to reach $ 2 5

How long in years will it take for a mutual fund investment of $25,000 to reach $250,000 if the fund pays 12% per year?
a.
20.32 years
b.
25.04 years
c.
10.65 years
d.
15.78 years

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