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9 At an interest rate of 10% per year, the length of time required from time zero to recover an initial investment of $10,000 by

9 At an interest rate of 10% per year, the length of time required from time zero to recover an initial investment of $10,000 by receipts of $1,000 per year beginning in year three is nearest to:

A) 10 years

B) 20 years

C) 100 years

D) never

10 The number of years from now that an initial investment of $1,000,000 would be recovered from uniform receipts of $131,000 per year beginning three years from now at an interest rate of 10% per year is nearest to:

A) 24

B) 29

C) 35

D) 40

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