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Deshawn has just opened a retirement account, which earns 7.5% interest, compounded monthly. He will deposit $1450 at the end of each month. His plan
Deshawn has just opened a retirement account, which earns 7.5% interest, compounded monthly. He will deposit $1450 at the end of each month. His plan is to retire once he has saved up $2,200,000. How long will that take? [Round your answer to the nearest tenth of a year.]
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