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Carolyn makes a deposit of $2,800 into a savings account. The bank calculates simple interest annually at a rate of 7.5%. Interest is added every
Carolyn makes a deposit of $2,800 into a savings account. The bank calculates simple interest annually at a rate of 7.5%. Interest is added every year on the anniversary of the initial deposit. How many years must Carolyn wait before her investment exceeds $3,500? Give your answer in years.
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