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How many years will to take to reach

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Question - You have $5,340.25 in your savings account today. Every two weeks (26 times a year) $200 will be automatically deposited to your savings account starting from today.

How many YEARS will to take to reach $80,000 if you anticipate earning j12 = 2.5% the entire time? Express your answer in 2 decimal places.

Reference no: EM132898359

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