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PAUL WISHES TO ACCUMULATE $2,200,000. HIS MONEY MARKET FUND HAS A BALANCE OF $543,353 AND HAS A GUARANTEED INTEREST RATE OF 6%. HOW MANY YEARS
PAUL WISHES TO ACCUMULATE $2,200,000. HIS MONEY MARKET FUND HAS A BALANCE OF $543,353 AND HAS A GUARANTEED INTEREST RATE OF 6%. HOW MANY YEARS MUST PAUL LEAVE THAT BALANCE IN THE FUND IN ORDER TO GET HIS DESIRED $2,200,000? (ROUND ANSWER TO 0 DECIMAL PLACES, E.G. 45.)
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