Sam refuses to retire until his retirement account has a balance of at least $400,264...
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Sam refuses to retire until his retirement account has a balance of at least $400,264 Sam refuses to make any more deposits in the account. The account currently has a balance of $130,699 and earns 6% per year, compounded semi-annually. How long does Sam have before he will retire? You are computing number of years. Round your answer to one decimal place. For example, record 14.294 years as 14.3. Your
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