Question: QUESTION Harry is saving towards the down payment on a house. If he accumulates $5,000,000, his parents have offered to match his savings. He invests

QUESTION

Harry is saving towards the down payment on a house. If he accumulates $5,000,000, his parents have offered to match his savings. He invests $2,000,000 at 9%.

How long will it be before he can approach his parents for their contribution?

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