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Four years ago, Jack invested $6,000. In 1 year from today, he expects to have $0, 300. If Jack experts to earn the same annual
Four years ago, Jack invested $6,000. In 1 year from today, he expects to have $0, 300. If Jack experts to earn the same annual return after 1 year from today as the annual rate implied from the past and expected values given in the problem, then in how many years from today does he expect to have exactly $14, 100
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