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Clara invests $5,000 in an account that pays 6% interest per year. After how many years will her investment be worth $10,000?
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the answers are A.14.1 yr C.11.9 yr D. 12.6 yr @bajji
B??
B IS WRONG THATS WHY I DIDNT PUT IT @bajji
11.9 years Is the correct option as 11.9 years is approx.4346 days which will make the amount to 10000$ The nearest to 10000$ is 11.9 years!! Cheers!
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