AIR National's capacity is 110 passengers per flight. It currently carries 74 passengers per flight. Growth in passengers is expected to be 7 percent annually. New planes will have to be ordered when the company is carrying 80 percent of capacity. How long will it be before the firm must order new planes? Use Appendix A to answer the question. Round your answer to the nearest whole number. .................years

appendix A

interest ractors for the Future Value of One Dollar Time Peried (e