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Faisal has $15,000 in his savings account and can save an additional $5000 per year. If interest rates are 12%, how long will it take

Faisal has $15,000 in his savings account and can save an additional $5000 per year. If interest rates are 12%, how long will it take his savings to grow to $50,000?

Please show me each step of the calculation. Do not use Excel)

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