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XYZ Company wants to accumulate birr 70,000 for the construction of a veterans monument in the town square. At the beginning of the current year,

XYZ Company wants to accumulate birr 70,000 for the construction of a veterans monument in the town square. At the beginning of the current year, the company deposited birr 47,811 in a bank that earns 10% interest compounded annually. How many years will it take to accumulate b birr 70,000 in the bank?

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