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Jack has accumulated $90,000 from an initial investment of just $20,000. If the investment earned interest at a rate of 12.6% p.a compounded annually how
Jack has accumulated $90,000 from an initial investment of just $20,000. If the investment earned interest at a rate of 12.6% p.a compounded annually how long ago did Jack make the initial investment? Answer in years to two decimal places.
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