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Calculate the payback time for a $14,000 investment that returns $2,000 every year for 21 years at 7.3% annual interest rate. (Increase decimal places for
Calculate the payback time for a $14,000 investment that returns $2,000 every year for 21 years at 7.3% annual interest rate. (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 10.23.)
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