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Jake just uncovered a signed baseball worth $950,000, according to Ebay. He found out his grandpa originally purchased it for $50,000. Assuming a rate of

Jake just uncovered a signed baseball worth $950,000, according to Ebay. He found out his grandpa originally purchased it for $50,000. Assuming a rate of return of 8.5% per year, how many years had Jake's grandpa owned the ball? Why and how?

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