50
(Choose 1 answer)
A. 5 years
(20612) Time to attain goal: Cheryl Merriweather wants to invest in a bank CD that will pay her 7.8 percent annually. If she is investing $11,500 today, when will she reach her goal of $15,000? (Round off to the nearest year.)
B. 7 years
C. 2 years
D. 4 years
