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How long will it take for a$ 5000 investment to grow to$ 6500 at an annual rate of9 % ,compounded monthly? Assume that no withdrawals

How long will it take for a$5000investment to grow to$6500at an annual rate of9%,compounded monthly? Assume that no withdrawals are made. Do not round any intermediate computations, and round your answer to the nearest hundredth.

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