1) A 1969 PONTIAC GOT "THE JUDGE" 4 Speed, convertible was for sale with a current asking price of $311,714. If a return of 11.1%, compounded annually, was earned and the manufacturers recommended price was $5,000, how many years (approximately) must have elapsed since it was originally built? Round your answer to 2 decimal places and do not enter any symbols such as $,% or commas.