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Kay purchased some land costing $124, 600. Today, that same land is valued at $179, 400. How long has she owned this land if the

Kay purchased some land costing $124, 600. Today, that same land is valued at $179, 400. How long has she owned this land if the price of land has been increasing at 6% per year?

a) 6.33 years

b) 5.95 years

c) 6.57 years

d) 6.5 years

e) 6.26 years

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