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You have an investment account that is starting with $1500. You would like the account to grow to $7500, and you can earn 5% interest

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You have an investment account that is starting with $1500. You would like the account to grow to $7500, and you can earn 5% interest annually. Assume you make no additional contributions to the account. Assume an annually compounded interest rate. How many years will you need to wait? (round to two decimals) 4.57years 29,78 years 31.45 years 32.99 years 5.90 years

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