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A deposit of $ 5 0 0 0 is made in a trust fund that pays 4 . 5 % interest, compounded monthly. It is

A deposit of $5000 is made in a trust fund that pays 4.5% interest, compounded
monthly. It is specified that the balance will be given to the college once it reaches
$20,000. How much time will it take to reach that balance? Show all work.
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