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How many years do you have to wait to buy $40,000 car with money from an account that currently has a balance of $29,000 and

How many years do you have to wait to buy $40,000 car with money from an account that currently has a balance of $29,000 and pays 4 percent, compounded monthly?

7.72 years

8.39 years

7.39 years

8.05 years

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