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(Solving for n) Jack asked Jill to marry him, and she has accepted under one condition: Jack must buy her a new $340,000 Rolls-Royce Phantom.
(Solving for n) Jack asked Jill to marry him, and she has accepted under one condition: Jack must buy her a new $340,000 Rolls-Royce Phantom. Jack currently has $45,900 that he may invest. He has found a mutual fund with an expected annual return of 4.6% in which he will place the money. How long will it take Jack to win Jill's hand in marriage? Ignore taxes. The number of years it will take for Jack to win Jill's hand in marriage is ... years. (Round to one decimal place.)
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