Question: How many years does it take for a deposit to grow to $50,000, if we deposit $15,000 today in an account paying 8% annual interest?

How many years does it take for a deposit to grow to $50,000, if we deposit $15,000 today in an account paying 8% annual interest?

A. 11.20 Years B. 15.64 Years C. 10.88 Years D. 17.51 Years

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