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. (TCO 3) You are interested in saving to buy a new machine that costs $387,120. Y

. (TCO 3) You are interested in saving to buy a new machine that costs $387,120. Y

7. (TCO 3) You are interested in saving to buy a new machine that costs $387,120. You can deposit $32,805 in your bank today. If your bank pays 14% annual interest
on its accounts, how long will it take you to save for the new machine? (Points : 4) about 19 years about 5 years about 12 years Can not be determined

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