Question: QUESTION 3 How many years will it take for a $1,000 investment made today to turn into $2,500? Assume you will earn a 5.5% APR

 QUESTION 3 How many years will it take for a $1,000

QUESTION 3 How many years will it take for a $1,000 investment made today to turn into $2,500? Assume you will earn a 5.5% APR return compounded twice per year. 16.89 years 17.11 years 34.23 years 33.78 years O 27.27 years

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