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You are trying to save to buy a new $190000 BMW 3 series sedan. You have $40000 today that can be invested at your bank.

You are trying to save to buy a new $190000 BMW 3 series sedan. You have $40000 today that can be invested at your bank. The bank pays 4.8% annual interest on is accounts.

How long will it take before you have money to buy the car?

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