Lewis & Clark need $3,000 to repair their bass boat GPS system. They have $2,350.58 to...

Lewis & Clark need $3,000 to repair their bass boat GPS system. They have $2,350.58 to invest today at 10 percent compounded semi-annually, how long will they have to wait to repair the GPS system?

2.50 years

5.00 years

7.50 years

10.00 years

None of the Above

Expert Solution

jeff jeffy answered 2 years ago

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