(a) Your answer is incorrect. George wishes to accumulate $2,500,000. His money market fund has...
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(a) Your answer is incorrect. George wishes to accumulate $2,500,000. His money market fund has a balance of $190,694 and has a guaranteed interest rate of 10%. How many years must George leave that balance in the fund in order to get his desired $2,500,000? (Round answer to 0 decimal places, e.g. 45.) Number of years eTextbook and Media Save for Later years Attempts: 5 of 7 used Submit Answer
George wishes to accumulate $2,500,000. His money market fundtias a balance of $190,694 and has a guaranteed interest rate of 10%. How many years must George leave that balance in the fund in order to get his desired $2,500,000 ? (Round answer to 0 decimal places, es. 45.) Number of years years
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