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you deposited $610,000 into an investment earning a 12.5% return, compounding annually. When you sold your investment, you received $1,099,240 in cash. If you wanted
you deposited $610,000 into an investment earning a 12.5% return, compounding annually. When you sold your investment, you received $1,099,240 in cash.
If you wanted to receive $1,600,000 cash from selling your investment, how much longer would you have to wait?
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