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Aerotrain Corporation, manufacturer of aircraft simulators and training equipment for aircraft mechanics for FAA certification currently leases a building for $25,000 per year, The owner
Aerotrain Corporation, manufacturer of aircraft simulators and training equipment for aircraft mechanics for FAA certification currently leases a building for $25,000 per year, The owner of the building is planning to sell the building for $150,000 now. How long it will take (number of years) before Aerotrain recovers the investment at an interest rate of 12% per year? Provide your answer in two decimal places
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