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Jamie invested $13700 in an account earning 5.33 annual interest that is compounded monthly. How...

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Jamie invested $13700 in an account earning 5.33 annual interest that is compounded monthly. How long will it take to earn $1300 in interest? Round your answer to the nearest tenth.

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Transcribed Image Text

Jamie invested $13700 in an account earning 5.33 annual interest that is compounded monthly. How long will it take to earn $1300 in interest? Round your answer to the nearest tenth.

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