Question: A couple needs $60,000 as a down payment for a home. If they invest the $45,000 they have at 12% compounded quarterly, how long will

A couple needs $60,000 as a down payment for a home. If they invest the $45,000 they have at 12% compounded quarterly, how long will it take for the money to grow into $60,000? (Round your answer to the nearest whole number.)

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