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Number of years to provide a given return in the information given in following case, determine the number of years that the given ordinary annuity
Number of years to provide a given return in the information given in following case, determine the number of years that the given ordinary annuity cash flows must continue in order to provide the rate of return on the initial amount. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Initial amount $37,500 Annual cash flow $5,119 Rate of return 7%
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