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Some time ago, Julie purchased eleven acres of land costing $15,890. Today, that land is valued at $57,260. How long has she owned this land if the price of the land has been increasing at 6 percent per year?

21.72 years

21.51 years

22.13 years

22.00 years

21.67 years

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92429409

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