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Macie just inherited $12,000 and wants to invest it till it grows to $100,000. If she puts it in a special savings account that promises
Macie just inherited $12,000 and wants to invest it till it grows to $100,000. If she puts it in a special savings account that promises 11% return with quarterly compounding, how many years will she have to wait till the account has the $100,000?
19.54 years
81.27 years
20.32 years
78.16 years
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