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A friend of mine purchased an NBA team for $70.204 million. In 2020, the team is worth 2.475 billion. If the annual return on the

A friend of mine purchased an NBA team for $70.204 million. In 2020, the team is worth 2.475 billion. If the annual return on the invest is 10.7149 percent, when did my friend purchase the team?

Group of answer choices 1984 1985 1986 1987 1988

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