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You currently have $ 3 , 4 0 0 in an investment account that returns 1 1 % per year. How long will you have

You currently have $3,400 in an investment account that returns 11% per year. How long will you have to wait until you can make a $5,000 down payment on a new car?
Enter the following data into your calculator to solve the problem:
I/YR =11
PV =3,400
PMT =0
FV =5,000
Solve for N =

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