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Brian Lee has been offered the opportunity of investing $45,900 now. The investment will earn 6% per year and at the end of that time
Brian Lee has been offered the opportunity of investing $45,900 now. The investment will earn 6% per year and at the end of that time will return Brian $82,200. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How many years must Brian wait to receive $82,200? (Hint: Use Table 3.) (Round answer to 0 decimal places, e.g. 25.) Brian must wait years
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