You graduate and receive a $4,000 cheque from your grandparents. You decide to save it toward a down payment on a house. You invest it earning 6% per year, and you think you will need to have $8,000 saved for the down payment. How long will it be before the $4,000 has grown to $8,000? To double the money you received from your grandparents, it will take www years. (Round to one decimal place.)

38,000 saved for the down payment. How long wit is be before the $4,000 has grown to $8.000 ? To doutle thit money you neceived trom your grandporents, it will take years. (Round to one decinal place)