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Tesla needs $250,000 as a down payment on a new showroom. If the company deposits $30,000 at the end of each quarter at 5% compounded

Tesla needs $250,000 as a down payment on a new showroom. If the company deposits $30,000 at the end of each quarter at 5% compounded quarterly, how long will it take to get the needed money? (Solution should be entered in years accurate to the hundredths decimal place)

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