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Suppose you deposited $3,000 in a savings account earning 3.4% interest compounding daily. How long will it take for the balance to grow to $8,000?

Suppose you deposited $3,000 in a savings account earning 3.4% interest compounding daily. How long will it take for the balance to grow to $8,000? Answer in years rounded to one decimal place. (e.g., 2.4315 years --> 2.4)

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