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OpenStudy (anonymous):
Whilst at University, Oswald's aunt supported him financially. On 1 July 2012 Oswald agreed to pay her $10000 on 1 July 2017 and a further $10000 on 1 July 2022. At current rate of interest, the present value of these payments equal to $18762.47. What is the duration of Oswald's liabilities to his aunt?
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