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12. 20 pis possiole You receive a $10,000 check from your grandparents for graduation. You decide to save it toward a down payment on a

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12. 20 pis possiole You receive a $10,000 check from your grandparents for graduation. You decide to save it toward a down payment on a house. You invest it earning 8% per year and you think you will need to have $20,000 saved for the down payment. How long will it be before the $10,000 has grown to $20,000 ? To double the money you received from your grandparents, t will take years.(Round to one decimal place)

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