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I now have $ 2 5 , 0 0 0 in the bank earning interest of 1 . 0 0 % per month. I need
I now have $ in the bank earning interest of per
month. I need $ to make a down payment on a house. I can save
an additional $ per month. How long will it take me to
accumulate the $Do not round intermediate calculations.
Round your answer to decimal places. Use a financial calculator
or Excel.
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