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How long must you wait for your savings to be worth 4000

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Reference no: EM13566040

You have $2,158 today in your savings account. How long must you wait for your savings to be worth $4,000 if you are earning 2.1 percent interest, compounded annually?

26.68 years
29.69 years
32.13 years
33.33 years
34.14 years

Reference no: EM13566040

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