Maxxie purchased a tract of land for $ 2 5 , 5 0 0 . Today, the

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Question:

Maxxie purchased a tract of land for $

25, 500 .

Today, the same land is worth $

58, 300 .

How many years have passed if the price of the land has increased at an annual rate of

6.5

percent?

Related Book For answer-question

South-Western Federal Taxation 2018 Comprehensive

ISBN: 9781337386005

41st Edition

Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young

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Posted Date: Feb 24, 2024 02:04 AM

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Maxxie purchased a tract of land for $ 2 5 , 5 0 0 . Today, the

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South-Western Federal Taxation 2018 Comprehensive

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