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Question 3 a) You expect to receive GHd30,000 at your graduation in two years. You plan to invest it until you have GH16,000,000. If similar

Question 3

a) You expect to receive GHd30,000 at your graduation in two years. You plan to invest it until

you have GH16,000,000. If similar investments require 9% p.a, how long will you wait from

now?

5 marks

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