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You open a savings account that pays 5.25% annually. If you deposit $8,360 each year, how long will it take for you to accumulate $50,000
You open a savings account that pays 5.25% annually. If you deposit $8,360 each year, how long will it take for you to accumulate $50,000 in the account?
Group of answer choices
8.5 years
9.6 years
5.3 years
6.2 years
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