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You're trying to save to buy a new $80,000 speedboat to take to the lake. You have $65,000 today that can be invested at your

You're trying to save to buy a new $80,000 speedboat to take to the lake. You have $65,000 today that can be invested at your bank. The bank pays 6% annual interest on its accounts. How long will it be before you have enough to buy the speedboat?

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