Question: You receive a $ 5 0 0 0 check from your grandparents for graduation. You decide to save it toward a down payment on a

You receive a $5000 check from your grandparents for graduation. You decide to save it toward a down payment on a house. You invest it earning 6% per year and you think you will need to have $10000 saved for the down payment. How long will it be before the $5000 has grown to $10000?

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