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Q7) If you deposit $1,408.00 into an account paying 19.75% annual interest compounded monthly, how many years until there is $37,019.00 in the account? (

Q7) If you deposit $1,408.00 into an account paying 19.75% annual interest compounded monthly, how many years until there is $37,019.00 in the account? ( 1.5 points)

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