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Tom Thompson expects to invest $10,000 at 8% and, at the end of a certain period, recelve $29,372. How many years will it be before
Tom Thompson expects to invest $10,000 at 8% and, at the end of a certain period, recelve $29,372. How many years will it be before Thompson recelves the payment? (PV of \$1, FV of \$1. PVA of \$1, and FVA of \$1) Note: Use approprlate factor(s) from the tables provided. Round "Table Factor" to 4 declmal places Step by Step Solution
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Analytical Finance Volume I
Authors: Jan R. M. Röman
1st Edition
3319340263, 978-3319340265
