Level of risk tolerance, Under current market conditions,

Level of risk tolerance

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Reference no: EM131581524

Matt has $20,000 to invest and would like to double his money for the purchase of a new truck. Under current market conditions, and given his level of risk tolerance he can only earn 5 percent on his investment. Approximately how long will it take him to get his $40,000?

Reference no: EM131581524

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