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3 . Bob bought some land costing $ 1 4 , 9 9 0 . Today that same land is valued at $ 5 5

3 .

Bob bought some land costing $

14, 990 .

Today that same land is valued at $

55, 000 .

How long has Bob owned this land if the price of land has been increasing at

6 %

per year?

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