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Jack and Jill need to save $6500 toward a new car. How long will it take them if they save $300 a month earning an

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Jack and Jill need to save $6500 toward a new car. How long will it take them if they save $300 a month earning an annual interest of 6.5% (compounded monthly)? (Treat as an ordinary annuity.) (State your answer in years rounded to the second decimal place, e.g. 12.34)

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