Kunkle Company wishes to earn $7\%$ annually on its investments. If Kunkle makes an investment that equals or exceeds that rate, it considers it a success. Assume that Kunkle invests $$4\mathrm{.}0$ million and gets $$800,000$ in return at the end of each year for $x$ years. Assume that Kunkle can't invest for fractional parts of a year. What is the minimum value of $x($number of years$)$ for which Kunkle will consider the investment a success? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole number. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$

Multiple Choice

$5$ years.

$2$ years.

$7$ years.M