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Jane is saving for a vacation. Currently, she has $ 5 , 0 0 0 . 0 0 invested at 2 % compounded monthly. Jane

Jane is saving for a vacation. Currently, she has $5,000.00 invested at 2% compounded monthly. Jane would like to have $7,000.00 for her vacation. How many years will it take for Jane to accumulate $7,000.00?

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