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At an interest rate of 6.25% percent compounded annually, how many years will it take for an investment of $7,000 to grow to $10,000? (Round to the

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At an interest rate of 6.25% percent compounded annually, how many years will it take for an investment of $7,000 to grow to $10,000? (Round to the nearest year.) A. 6 years B. 4 years C. 10 years D. 8 years What is the expected return on a stock if the firm will earn 24% during a period of economic boom, 14% during normal economic periods, and –2% during a period of recession, if the probabilities of these economic environments are 20%, 65%, and 15%, respectively? A 14.2% B 8.7% C 13.6% D 10.1% I know its not 14.2
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