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Leon Bogut just received a signing bonus of $942,900. His plan is to invest this payment in a fund that will earn 12%, compounded annually.
Leon Bogut just received a signing bonus of $942,900. His plan is to invest this payment in a fund that will earn 12%, compounded annually. Click here to view factor tables (a) If Bogut plans to establish the AB Foundation once the fund grows to $3,279,925, how many years until he can establish the foundation? years
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