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Exercise B-3 (Algo) Number of periods of an investment LO P2 Tom Thompson expects to invest $18,000 at 12% and, at the end of a

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Exercise B-3 (Algo) Number of periods of an investment LO P2 Tom Thompson expects to invest $18,000 at 12% and, at the end of a certain period, receive $110,347. How many years will it be before Thompson receives the payment? (PV of $1, FV of $1, PVA of $1, and FVA of $1 ) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.)

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