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How long will it take to save $1,540.00 by making deposits of $110.00 at the end of every year into an account earning interest at

How long will it take to save $1,540.00 by making deposits of $110.00 at the end of every year into an account earning interest at 12% compounded annually? State your answer in years and months (from 0 to 11 months).

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