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Ben wants to open his own business. He is diligently saving money so he will have enough to open the business, purchase a house or

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Ben wants to open his own business. He is diligently saving money so he will have enough to open the business, purchase a house or two, renovate them, and to survive the first few months that willikely be without income. He has already saved $100,000. He will save $1,000 per month and can earn 8% on his money. He thinks that he will need $200,000. How long before he will reach his goal? 18 7 month

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