Solved: If your salary increases at an average annual rate of 415, Finance Basics

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If your salary increases at an average annual rate of 415

Upon graduating from law school, you make an annual salary of $32902. You set a goal to double your salary. If your salary increases at an average annual rate of 4.15 percent, how many years will it take you to reach your goal?

Round the answer to two decimal places.

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Finance Basics: If your salary increases at an average annual rate of 415

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Solution Preview :

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Finance Basics: If your salary increases at an average annual rate of 415

Reference No:- TGS02274050

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