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Morgan Opens A Savings Account That Earns Simple Interest At The Rate Of 4.5\%4.5%4, Point, 5, Percent
Morgan opens a savings account that earns simple interest at the rate of 4.5\%4.5%4, point, 5, percent annually. If she initially deposits \$50$50dollar sign, 50 in the account, what is the minimum number of years it will take for her savings to be at least \$68$68dollar sign, 68, assuming she makes no other deposits or withdrawals?
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