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You want to take a world tour which costs $ 1000,000 cost and is expected to remain unchanged in nominal terms. You are willing to

You want to take a world tour which costs $ 1000,000 cost and is expected to remain unchanged in nominal terms. You are willing to save annually $80000 to fulfill your desire. How long will you have to wait if your savings earn a return of 14 % per annum? (10)

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