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A security that costs $77.50 will provide a return of 8 percent per year. If you want to keep the investment until it grows to
A security that costs $77.50 will provide a return of 8 percent per year. If you want to keep the investment until it grows to a value of $155.9, how long will you have to keep it?
(Hint: use log() function to solve for the number of years you have to keep it)
(Round the answer to two decimal points.
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