Tom Thompson expects to invest $15,000 at 10% and, at the end of a certain period,...
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Tom Thompson expects to invest $15,000 at 10% and, at the end of a certain period, receive $62,658. How many years will it be before Thompson receives the payment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Future Value Present Value = Table Factor Years years Tom Thompson expects to invest $15,000 at 10% and, at the end of a certain period, receive $62,658. How many years will it be before Thompson receives the payment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Future Value Present Value = Table Factor Years years
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