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How long will it take jack to win? jills hand in? marriage

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Reference no: EM133150956

Question - Jack asked Jill to marry? him, and she has accepted under one? condition: Jack must buy her a new ?$320,000 ?Rolls-Royce Phantom. Jack currently has ?$17,100 that he may invest. He has found a mutual fund with an expected annual return of 7.5 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: EM133150956

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