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John wants to buy a new TV with a price of $1,979. However, he only has $1,090 with him today. His savings account earns a return of 5.2%. Assuming that the price of TV will not change, how long will John have to wait to be able to buy this TV?
Group of answer choices
11.49 years
11.83 years
11.34 years
12.51 years
11.77 years