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  3. a couple needs $50,000 as a down payment for a hom

A couple needs $50,000 as a down payment for a home. If they invest the...

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A couple needs $50,000 as a down payment for a home. If they invest the $35,000 they have at 12% compounded quarterly, how long will it take for the money to grow to $50,000? (Roundyour answer to the nearest whole number.)

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