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You contribute $1988 at the beginning of each year to your childs college fund. Your bank pays you a rate of 4.38% per year compounded

You contribute $1988 at the beginning of each year to your childs college fund. Your bank pays you a rate of 4.38% per year compounded semi-annually on the account.

How many years from today will be the first time the account has at least $70000? No units are required.

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