Question: How long will it take to save $14,500 by making deposits of $110 at the end of every month into an account earning interest at

How long will it take to save $14,500 by making deposits of $110 at the end of every month into an account earning interest at 10.9% compounded semi-annually?

State your answer in years and months (from 0 to 11 months).

It will take___year(s) and ___month(s) to save $14,500.

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