If $5,000 is invested in a fund offering a rate of return of 12% per year, approximately how many years will it take for the investment to reach $10,000? —— 财会经济>CFA特许金融分析师 > CFA考试（Level Ⅰ） > Study Session 2　Quantitative Methods Basic Concepts

财会经济>CFA特许金融分析师 > CFA考试（Level Ⅰ） > Study Session 2　Quantitative Methods Basic Concepts

单选题 编号：2690529

1. If $5,000 is invested in a fund offering a rate of return of 12% per year, approximately how many years will it take for the investment to reach $10,000?

A.4 years
B.5 years
C.6 years

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