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Tom Thompson expects to invest $12,000 at 12% and, at the end of a certain period, receive $37,270. How many years will it be before

Tom Thompson expects to invest $12,000 at 12% and, at the end of a certain period, receive $37,270. How many years will it be before Thompson receives the payment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.)

Future Value=?

Present Value=?

Table Factor=?

Years?

Future Value/Present Value = Table Factor , ____ years

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