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A contract requires two payments, one of $10,000 in one year, and a second of $$20,000...

A contract requires two payments, one of $10,000 in one year, and a second of $$20,000 in two years.  If you pay $15,000 today when the second $15,000 should be paid?  The interest rate is 12% compounded semi-annually.

Answer provide in a number of years, rounded to one decimal.

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The answer has been presented in the supporting sheet. For detailed asnwer refer to the supporting sheet.

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