You have $602.42 today. You want to accumulate $1,320 by investing your money. You have identified an investment that will generate a return of 4% per annum. How long will you have to invest (in years) in order to accumulate your desired total?

A) 20 years
B) 17 years
C) 19 years
D) 21 years
E) 22 years

A

Business

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The accounting process of transferring a transaction from the journal to the ledger is called ________

A) journalizing B) posting C) compounding D) sourcing

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What is a statement of work and what are the key elements it contains?

What will be an ideal response?

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