Determine how long take jack to win? jill hand in? marriage

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Problem 1: Jack asked Jill to marry? him, and she has accepted under one? condition: Jack must buy her a new ?$300,000 ?Rolls-Royce Phantom. Jack currently has ?$25,390 that he may invest. He has found a mutual fund with an expected annual return of 7 percent in which he will place the money. How long will it take Jack to win? Jill's hand in? marriage?

Reference no: EM133000976

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