Sue invested $5,000 eleven years ago at 12%. Terri has the same amount saved today as Sue has. Terri also earns 12% but she only invested $2,500. How long ago did Terri invest her money?
A) 17.1 years
B) 17.4 years
C) 17.9 years
D) 21.5 years
E) 22.0 years
Correct Answer:
Verified
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