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Business, 09.11.2020 17:20 jeffffffff

A friend asks to borrow $635.52 today and promises to repay you $1,000 with interest compounded annually at 12%. How many years (compounding periods) will pass before you receive the payment

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A friend asks to borrow $635.52 today and promises to repay you $1,000 with interest compounded annu...
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