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You're trying to save to buy a new $139,647 Mercedes. You have $57,012 today that can be invested at your bank. The bank pays 5.6
You're trying to save to buy a new $139,647 Mercedes. You have $57,012 today that can be invested at your bank. The bank pays 5.6 percent annual interest on its accounts. How long will it be (in years) before you have enough to buy the car? Answer to two decimals.
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