Question: You would like to start saving money for a down payment on your future dream house. If you have $12,000 now and youd like to

You would like to start saving money for a down payment on your future dream house. If you have $12,000 now and youd like to reach a goal of $24,000, how long would it take to reach your goal if you can get a 10% annual average rate of return? Show work for the formula used where the rate, and present and future value are know but time is not.

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