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Richard Miller has been offer the opportunity of investing $17,380 now. The investment will earn 10% per year and at the end of that time
Richard Miller has been offer the opportunity of investing $17,380 now. The investment will earn 10% per year and at the end of that time will return Richard $66,000. Click here to view the factor table 1. Table 2 Table 3 Table 4 How many years must Richard wait to receive $66,000? (Hint: Use Table 3.) (For calculation purposes, use 5 decimal places as displayed in the factor table provided, eg. 5.24571. Round answer to O decimal places, e.g. 25.)
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