Kenneth Clark has been offered the opportunity of investing $40,304 now. The investment will earn 5% per year and at the end of that time will return Kenneth $76,000. Click here to view the factor table 1. Table 2 Table 3 Table 4 How many years must Kenneth wait to receive $76,000? (Hint: Use Table 3.) (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.24571. Round answer to O decimal places, e.g. 25.) Kenneth must wait years

Kenneth Clark has been offered the opportunity of investing $40,304 now. The investment will earn 5% per year and at the end of that time will return Kenneth $76,000. Click here to view the factor table 1. Table 2 Table 3 Table 4 How many years must Kenneth wait to receive $76,000 ? (Hint: Use Table 3.) (For calculation purposes, use 5 decimal ploces as displayed in the foctor table provided, es. 5.24571. Round answer to 0 decimal places, es. 25.) Kenneth must wait years