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Wayne has $14,500 in a high interest savings account with 3.66% annual interest compounded monthly. Assuming he makes no deposits or withdrawals, how long will
Wayne has $14,500 in a high interest savings account with 3.66% annual interest compounded monthly. Assuming he makes no deposits or withdrawals, how long will it take for his investment to grow to $20,000? Round answers to the nearest tenth of a year.
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