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You have been saving to start a business and realize you still have to pay the...

You have been saving to start a business and realize you still have to pay the patent lawyers to file for a patent. You have only $50,000. A patent costs $75,000. How much longer do you need to wait to file the patent if your money earns 14% compounded annually?

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Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

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