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Angelica receives $450 in cash gifts when she earns her engineering degree. She immediately invests the gifts into a money market account that earns 7%
Angelica receives $450 in cash gifts when she earns her engineering degree. She immediately invests the gifts into a money market account that earns 7% interest, compounded at the end of each year. How many years would it take for these gifts to be worth at least $1,300?
Carry all interim calculations to 5 decimal places and then round your final answer up to a whole number.
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