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How long will take in years until thomas

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Problem 1: Thomas has an investment fund that he hopes will be worth $5,000. He invested a total of $3,333 in the fund today. The fund is earning 7.00% annually. How long will it take (in years) until Thomas has his $5,000?

Group of answer choices

Option 1: -5.99 years (negative)

Option 2: 5.99 years

Option 3: 5.81 years

Option 4: 5.32 years

Reference no: EM133009947

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