P5–60 Number of years to provide a given return In each of the following cases, determine the number of years that the given annual end-of-year cash flow must continue to provide the given rate of return on the given initial amount.

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Case Initial amount Annual cash flow Rate of return A B C $ 1,000 150,000 80,000 $ 250 11% 30,000 15 10,000 10 D 600 275 9 E 17,000 3,500 6