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Sasha owns two investments, A and B, that have a combined total value of 33, 100 dollars. Investment A is expected to pay 21, 900 dollars in 7 year(s) from today and expected return of 16.44 percent per year. Investment B is has an expected to pay 45, 035 dollars in T years from today and has an expected return of 4.08 percent per year. What is T, the number of years from today that investment B is expected to pay 45, 035 dollars? Round your answer to 2 decimal places (for example, 2.89, 0.70, or 1.00).

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92257984

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