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P5-20 Calculating the Number of Periods [LO4] You expect to receive $16,000 at graduation in two years. You plan on investing it at 8 percent

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P5-20 Calculating the Number of Periods [LO4] You expect to receive $16,000 at graduation in two years. You plan on investing it at 8 percent until you have $96,000. How long will you wait from now? Multiple Choice 25.28 years 28.32 years 21.28 years a 23.28 years O 27.81 years

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