JAX, Inc. has been offered the opportunity of investing $177,604 now. The investment will earn 7% per year and at the end of its life will return $400,000 to JAX.. How many years must JAX wait to receive the $400,000?
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JAX, Inc. has been offered the opportunity of investing $177,604 now. The investment will earn 7% per year and at the end of its life will return $400,000 to JAX..
How many years must JAX wait to receive the $400,000?
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