question archive Several years ago, Sara invested $4,208

Several years ago, Sara invested $4,208

Subject:FinancePrice:2.87 Bought7

Several years ago, Sara invested $4,208. Today, that investment is worth $28,406 and has earned an average annual rate of return of 7.38 percent. How long ago did Sara make her investment?

A. 14.97 years

B. 26.82 years

C.. 18.98 years

D. 31.09 years

E. 23.03 years

Option 1

Low Cost Option
Download this past answer in few clicks

2.87 USD

PURCHASE SOLUTION

Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

rated 5 stars

Purchased 7 times

Completion Status 100%