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You currently have $2,541 (present value) in an account that has an interest rate of 9.6% per year compounded monthly. You want to withdraw all
You currently have $2,541 (present value) in an account that has an interest rate of 9.6% per year compounded monthly. You want to withdraw all your money when it reaches $7,416(future value). In how many years will you be able to withdraw all your money? (Round your final answer to two decimal places)
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