Sub : Finance Pls answer  very fast.I ll upvote. Thank You Bobbie has $6,000 that she wants to invest today to grow into $50,000. She finds an investment that earns 8.5% with quarterly compounds. How many years will she wait till she has the $50,000? Group of answer choices 25.99 years 28.00 years 25.21 years 100.83 year Please answer using excel function for NPER

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section: Chapter Questions
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Sub : Finance
Pls answer  very fast.I ll upvote. Thank You

Bobbie has $6,000 that she wants to invest today to grow into $50,000. She finds an investment that earns 8.5% with quarterly compounds. How many years will she wait till she has the $50,000?

Group of answer choices

25.99 years

28.00 years

25.21 years

100.83 year

Please answer using excel function for NPER

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