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Youve decided that you need a new house. This house will cost $2,000 to build. You have a savings account and will put $150 month
Youve decided that you need a new house. This house will cost $2,000 to build. You have a savings account and will put $150 month into an account with a 5% nominal interest, compounded monthly. How long will it take for you to be able to build your house? Round to the nearest month.
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