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How long does it take your Christmas cash to reach

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Reference no: EM133065746

Question - You deposit your $1200 Christmas cash into your bank. How long (in years) does it take your Christmas cash to reach $1431.58 at 8.5% simple interest?

A) 2.27

B) 2

C) 1.83

D) 1

E) 2.17

Reference no: EM133065746

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