You are going to deposit $700 in a bank CD today, and you will withdraw the money only once the balance is $1,000. If the bank pays 7 percent interest, how long will it take for the balance to reach $1,000 ? (Round intermediate calculations to 4 decimal ploces, e. 2.5125 and final answer to 1 decimal place, e. . 2.2.) Balance will reach $1,000 in years