Question: Your car needs a new engine and it cost $2,500. You currently have $750 to invest at 9% compound annually, how long will you have

Your car needs a new engine and it cost $2,500. You currently have $750 to invest at 9% compound annually, how long will you have to wait to buy the engine?

12.39 years

13.05 years

13.97 years

14.20 years

14.05 years

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