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Thank you Some time ago, Tracie purchased 11 acres of land costing $100,000. Today, that land is valued at $65,000. How long has she owned
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Some time ago, Tracie purchased 11 acres of land costing $100,000. Today, that land is valued at $65,000. How long has she owned this land if the price of the land has been decreasing by 5.0 percent per year? 9.50 years 11.20 years 8.40 years 10.75 years 7.80 years Step by Step Solution
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