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I need help with the following financial systems question attached to the screenshot. Problem 2-30 (LG 2-9) If an ounce of gold, valued at $650,
I need help with the following financial systems question attached to the screenshot.
Problem 2-30 (LG 2-9) If an ounce of gold, valued at $650, increases at a rate of 7 percent per year, how long will it take to be valued at $1.000 (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g, 32.16)) Number of yearsStep by Step Solution
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