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You invest $50,000 into an account and withdraw all funds from the account when it reaches $100,000. For full years that funds are in the
You invest $50,000 into an account and withdraw all funds from the account when it reaches $100,000. For full years that funds are in the account, the fund earns 4% effective annual interest, while for fractions of years that the funds are in the account, the fund earns 6% simple interest. Find how long it takes for the funds to be withdrawn.
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