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If you want to accumulate $56,194 to buy a cabin and if you can invest $25,680 at the rate of 14% per year, how many
If you want to accumulate $56,194 to buy a cabin and if you can invest $25,680 at the rate of 14% per year, how many years will it take? Assume that the investment compounds once a year. (Do NOT include units or any text such as $, %, year, years, yr or any other character(s) in your answer. Enter your answer as the number of years rounded to 2 decimal places, e.g. 1.13 or 0.98) QUESTION 21 1 poit
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