Question: How long will it take to save $1207.00 by making deposits of $168.00 at the end of every year into an account earning interest at
How long will it take to save $1207.00 by making deposits of $168.00 at the end of every year into an account earning interest at 11% compounded annually? State your answer in years and months (from 0 to 11 months).
It will take____year(s) and___month(s).
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