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Part $1$

$$$$1000$ is deposited in an account that pays an APR of $7\mathrm{.}1\%$ compounded annually. How long will it take for the balance to reach $$$$120,000?$

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Part $1$

It will take enter your response here years for the balance to reach $$$$120,000.$

$($Round up to the nearest$$ year.$)$