Assume your granny put $45,000 into a trust fund for you earning 5%. You cannot withdraw the money until it has doubled. How many years must you leave the money in the trust fund (before the original $45,000 has doubled) ?
a. 10.24
b. 11.35
c. 12.23
d. 13.12
e. 14.21
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Home » Business » Assume your granny put $45,000 into a trust fund for you earning 5%. You cannot withdraw the money until it has doubled. How many years must you leave the money in the trust fund (before the original $45,000 has doubled) ? a. 10.24 b. 11.35 c. 12.