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[answered] Luke is saving for a trip around the world for his family a
Luke is saving for a trip around the world for his family and as of today has accumulated $2315 in a trip fund. His goal is to accumulate 4 times this amount to support the trip. Assuming that all of Luke's trip fund is invested to earn an interest rate of 6.15%, how long, in years and in fractions of a year, will it take Luke to achieve his goal?
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This question was answered on: Sep 18, 2020
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DATE ANSWEREDSep 18, 2020
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