Lori Burke has been offered the opportunity of investing $42,410 now. The investment will earn 10% per

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Lori Burke has been offered the opportunity of investing $42,410 now. The investment will earn 10% per year and at the end of that time will return Lori $100,000. How many years must Lori wait to receive $100,000?

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Financial Accounting

ISBN: 978-0470507018

7th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: May 22, 2012 01:17 AM

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Lori Burke has been offered the opportunity of investing $42,410 now. The investment will earn 10% per

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Financial Accounting

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