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Lamar needs $3500 for a future project. He can invest $2500 now at an annual rate of 12%, compounded semiannually. Assuming that no withdrawals are

Lamar needs $3500 for a future project. He can invest $2500 now at an annual rate of 12%, compounded semiannually. Assuming that no withdrawals are made, how long will it take for him to have enough money for his project? Round to the nearest hundredth

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