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Number of Periods You have a wealthy aunt you has told you she will give you a gift of $31,000 when you graduate in
Number of Periods You have a wealthy aunt you has told you she will give you a gift of $31,000 when you graduate in two years. You want to take that money and invest in First Bank at 9.25%. If you take the gift money and invest it, how many years from now will it be worth $166,000. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.21.) Years to wait 3.58
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