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How long will it take jack to win jill hand in marriage

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Reference no: EM133043500

Question - Jack asked Jill to marry? him, and she has accepted under one? condition: Jack must buy her a new ?$340,000 ?Rolls-Royce Phantom. Jack currently has ?$41,520 that he may invest. He has found a mutual fund with an expected annual return of 5 percent in which he will place the money. How long will it take Jack to win? Jill's hand in? marriage? Ignore taxes and inflation.

Reference no: EM133043500

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