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You purchased a tract of land for $29,000. Today, the same land is worth $43,900. How many years have passed if the price of the
You purchased a tract of land for $29,000. Today, the same land is worth $43,900. How many years have passed if the price of the land has increased at an annual rate of 7 percent?
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Financial Risk Manager Handbook
Authors: Philippe Jorion
6th Edition
0470904011, 978-0470904015
