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1. Today you have exactly $9259.92 in your savings account earning exactly 0.5% interest, compounded monthly. How many years will it take before that account

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1. Today you have exactly $9259.92 in your savings account earning exactly 0.5% interest, compounded monthly. How many years will it take before that account reaches $30736.33? Use trial and error to find the number of years (t). Explain how you know your answer is correct.* *This question is worth four points. In order to receive full credit, you must show your work or justify your answer. O t = 244 years Ot = 246 years O t - 227 years O t = 240 years O None of these answers are correct

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