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Kaye deposited $9,500 into a savings account today. For how long can $720 be withdrawn from the account at the end of every year starting

Kaye deposited

$9,500

into a savings account today. For how long can

$720

be withdrawn from the account at the end of every

year

starting

oneyear

from now if interest is

6.5%

compounded

annually?

State your answer in years and months (from 0 to 11 months).

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