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3 (20p) An investor wants to get back his 10000$ savings as 18106$ in the future by depositing it in the bank with an annual

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3 (20p) An investor wants to get back his 10000$ savings as 18106$ in the future by depositing it in the bank with an annual interest of 16%. How long should the initial money be deposited in the bank in order to reach this amount. TT 71

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