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You receive a $5 000 check from your grandparents for graduation. You decide to save it toward a down payment on a house. You invest

You receive a $5 000 check from your grandparents for graduation. You decide to save it toward a down payment on a house. You invest it earning 11% per year and you think you will need to have $10 000 saved for the down payment. How long will it be before the $5 ,000has grown to 10,000?

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