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You need to save a total of $7,500 in order to buy a new motorcycle. You are starting with savings of $4,000 but will make

You need to save a total of $7,500 in order to buy a new motorcycle. You are starting with savings of $4,000 but will make no additional contributions. How long do you need to wait in order to reach your goal? In excel, compute the number of years required for annual interest rates of 2% to 10%, in two percent increments. Which of the following accurately depicts this calculation?

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