How long will it be before the firm must order

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AIR National's capacity is 120 passengers per flight. It currently carries 79 passengers per flight. Growth in passengers is expected to be 7 percent annually. New planes will have to be ordered when the company is carrying 90 percent of capacity. How long will it be before the firm must order new planes? Use Appendix A to answer the question. Round your answer to the nearest whole number.

Reference no: EM132775982

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