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Q7) If you deposit $1,342.00 into an account paying 7.41% annual interest compounded monthly, how many years until there is $47,115.00 in the account? (1.5

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Q7) If you deposit $1,342.00 into an account paying 7.41% annual interest compounded monthly, how many years until there is $47,115.00 in the account? (1.5 points)

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