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I have an opportunity to invest $28,000 today at a compound interest rate of 7.1% p.a compounded monthly. I intend to withdraw the total account
I have an opportunity to invest $28,000 today at a compound interest rate of 7.1% p.a compounded monthly. I intend to withdraw the total account balance when it reaches $118,000. How long do I need to hold the investment? Answer in months to two decimal places.
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