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You plan to invest in securities that pay 8.0%, compounded annually. If you invest $5,000 today, how many years will it take for your investment

You plan to invest in securities that pay 8.0%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20? Using the information in the problem above; How many years will it take if monthly compounding, assuming everything else is the same? (Round to tenth decimal)

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