A capital investment firm placed $1.5 million 2 years ago to acquire part-ownership in an innovative chip
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A capital investment firm placed $1.5 million 2 years ago to acquire part-ownership in an innovative chip making company. How long will it take from the date of their initial investment for their share of the chip company to be worth $3 million, if the company is realizing a 20% per year return?
Identify the four engineering economy symbols and their values. Use a question mark with the symbol whose value is to be determined.
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