Question: What is the minimum number of years that Lloyd must remain a men ever of the ADLA so that the lifetime membership is cheaper (on
What is the minimum number of years that Lloyd must remain a men ever of the ADLA so that the lifetime membership is cheaper (on a present value basis) than paying $600 in annual membership dues? (Round your answer up to the nearest year)
if the $24 purchase price could have been invested at a 4.5% annual interest rate, what is its value as of 2012 (386 years later)?
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