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Veronica is trying to save money to do her graduate study in the USA and she can invest 25,000 CAD at an annual compound interest

Veronica is trying to save money to do her graduate study in the USA and she can invest 25,000 CAD at an annual compound interest rate of 7.25%. She would need 40,000 CAD for her study. How long does she need to wait until her investment grows into the required 40,000 CAD?

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