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A colleague has asked you for a loan of $2,931 today and offered to pay you 12% through a one-time payment of $4,190 in
A colleague has asked you for a loan of $2,931 today and offered to pay you 12% through a one-time payment of $4,190 in the future. In how many years would you expect to receive the payment? Your answer should be extended to four places to the right of the decimal point
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Accounting Information Systems
Authors: George H. Bodnar, William S. Hopwood
11th Edition
0132871939, 978-0132871938
