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Tiffany purchased a diamond ring many years ago, paying $2,000 at the time. Based on gold and diamond price estimates, the ring has appreciated by around 4% per year. She is now going to sell the ring, currently worth $7,000. How many years did Tiffany own the ring?

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Tiffany purchased a diamond ring many years ago, paying $2,000 at the time. Based on gold and diamond price estimates, the ring has appreciated by around 4% per year. She is now going to sell the ring, currently worth $7,000. How many years did Tiffany own the ring?






 
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