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Question 6 of 6 You plan to save money for a down payment of $ 4 2 , 0 0 0 to purchase an apartment.

Question 6 of 6
You plan to save money for a down payment of $42,000 to purchase an apartment. You can only afford to save $6,000 at the end of every 6 months into an account that earns interest at 5.50% compounded monthly. How long will it take you to save the planned amount?
years months
Express the answers in years and months, rounded to the next payment period
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