1) Suppose that $2500 is placed in a savings account at an annual rate of 2.4%, compounded monthly. Assuming that no withdrawals are made, how long will it take for the account to grow to $3500? Do not round any intermediate computations, and round the answer to the nearest hundredth.

2) So you exposed high employee turnover rates which are a trend right now and in the near future, the questions from a managerial/finance perspective are how do we fix it?

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