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You're trying to save to buy a new $200 000 house. You have $60,000 today that can be invested at your bank. The bank pays

You're trying to save to buy a new $200 000 house. You have $60,000 today that can be invested at your bank. The bank pays 8 percent interest on its accounts compounded quarterly. How long will it be before you have enough to buy the car?

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