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Mary Cooper, Sheldons mother, who lives in east Texas, wants to help pay for her grandchilds education. How long will it take Mary to reach
Mary Cooper, Sheldons mother, who lives in east Texas, wants to help pay for her grandchilds education. How long will it take Mary to reach her goal of $245,000 if she invests $10,000 per year, earning 6 percent? Use Appendix A-3 or the Garman/Forgue companion website. Round your answer to the nearest half-year.
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