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Maxxie purchased a tract of land for $25,000. Today, the same land is worth $44,600. How many years have passed since the purchase if the
Maxxie purchased a tract of land for $25,000. Today, the same land is worth $44,600. How many years have passed since the purchase if the price of the land has increased at an annual rate of 6.2%? Multiple Choice 7.22 years o 8.25 years 8.66 years 9.62 years
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