Long-Term Investments Exercises 41–48 are based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2011. HINT [See Example 3.]
Assuming that you invest $10,000 in Japan, how long (to the nearest year) must you wait before your investment is worth $15,000 if the interest is compounded annually?
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