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You currently have $ 8 , 8 0 0 ( Present Value ) in an account that has an interest rate of 5 . 5

You currently have $8,800(Present Value) in an account that has an interest rate of 5.5% per year compounded semi-annually (2 times per year). You want to withdraw all your money when it reaches $15,840(Future Value). In how many years will you be able to withdraw all your money?

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