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Kunkle Company wishes to eam 7% annually on its investments. If Kunkle makes an investment that equals or exceeds that rate, it considers it a

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Kunkle Company wishes to eam 7% annually on its investments. If Kunkle makes an investment that equals or exceeds that rate, it considers it a success. Assume that Kunkle invests $2.4 million and gets $400.000 in return at the end of each year for X years. What is the minimum value of X (number of . PVA of S1. EVAD of S1 and PVAD of Si) (Use appropriate factor(s) from the tables provided.)

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