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You've graduated from college and landed a good job. You want to replace your car, but don't want to take out a car loan. Instead,
You've graduated from college and landed a good job. You want to replace your car, but don't want to take out a car loan. Instead, you decide to invest $300 per month in the stock market and hope to earn 9%. If the market performs as you're hoping, how many years will it take to accumulate $25,000? Ignore taxes.
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