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Assume the firm makes a one-time investment of $83,000 today at a 11.2% interest rates and would like to have it grow to $280,000. How
Assume the firm makes a one-time investment of $83,000 today at a 11.2% interest rates and would like to have it grow to $280,000. How many years will the investment take to grow to $280,000? Assume the interest rate compounds annually. O 12.17 years O 11.32 years O 11.45 years O 11.02 years
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