A $10 thousand investment in a stock is expected to achieve a rate of return of 20% per year. At this rate, approximately how much time is expected to pass for the investment expected to be valued at $100 thousand?

- 5.0 years (check answer)
- 10.0 years (check answer)
- 12.6 years (check answer)
- 16.3 years (check answer)
- 50.0 years (check answer)

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