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You decide to put $2,000 in a savings account to save for a $3,000 down payment on a new car. If the account has
You decide to put $2,000 in a savings account to save for a $3,000 down payment on a new car. If the account has an interest rate of 4% per year and is compounded monthly, how long does it take until you have $3,000 without depositing any additional funds? 121.862 years 12 1862 voare
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