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Posted on Oct 04, 2024

You have already saved $ 6 9 0 0 to buy a used car. You invest this money in a certificate of deposit earning 0

You have already saved $

6900

to buy a used car. You invest this money in a

certificate of deposit earning

0.60 %

APR compounded monthly. How many years will

it take your account to reach your target of $

7075

in order to buy the new car?

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