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The Reliance Volunteer Fire Company wants to take advantage of a state program to save money to purchase a new fire truck. The truck will
The Reliance Volunteer Fire Company wants to take advantage of a state program to save money to purchase a new fire truck. The truck will cost $ and members of the finance committee estimate that with community and state contributions, they can save $ per month in an ordinary annuity paying annual interest. How long will it take to save for the truck?
It will take months to save for the truck. Round up to the nearest month.
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