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You have $2,000 in your savings account, and want to buy a car for $30,000....

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Finance

You have $2,000 in your savings account, and want to buy a car for $30,000.

If you are not depositing any new money into your account and the interest rate on your savings account is 7% per year, how many years do you have to wait before you can buy the car (1+ decimals)?

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