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You receive a $7,000 check from your grandparents for graduation. You decide to save it toward a down payment on a house. You invest it

You receive a

$7,000

check from your grandparents for graduation. You decide to save it toward a down payment on a house. You invest it earning

6%

per year and you think you will need to have

$14,000

saved for the down payment. How long will it be before the

$7,000

has grown to

$14,000

?

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Part 1

To double the money you received from your grandparents, it will take

enter your response here

years.(Round to one decimal place.)

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