Question: A couple needs $18,670.50 as a down payment for a home. If they invested the $7,000.00 they have at 5.5% compounded every 4 months, how

A couple needs $18,670.50 as a down payment for a home. If they invested the $7,000.00 they have at 5.5% compounded every 4 months, how long will it take for the money to grow into $18,670.50? It will take years. (If needed, round your answer to 1 decimal place.)

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