A. 8.42 years
B. 10.51 years
C. 15.75 years
D. 18.78 years
Using financial calculator, Put PV =6000, Rate = 5%, FV, 10,000 and solve for Nper. 10.47 Close to the 10.51.
Correct Answer: 10.51 years ✔
Last Updated: August 17, 2017
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