Question: You have $6,000 today. How long does it take to grow to $12,000 at 12% rate of interest? a. 4 years b. 6 years c.

You have $6,000 today. How long does it take to grow to $12,000 at 12% rate of interest?

a. 4 years

b. 6 years

c. 8 years

d. 10 years

e. 12 years

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