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Richard owns two investments, A and B , that have a combined total value of $ 3 2 , 2 0 0 . 0 0

Richard owns two investments, A and B, that have a combined total value of $32,200.00. Investment A is expected to pay $24,800.00 in 3 years from today and has an expected return of 12.39 percent per year. Investment B is expected to pay $28,500.00 in T years from today and has an expected return of 8.83 percent per year. What is T, the number of years from today that investment B is expected to pay $28,500.00?
5.96 years (plus or minus 10 days)
7.80 years (plus or minus 10 days)
5.65 years (plus or minus 10 days)
4.14 years (plus or minus 10 days)
none of the answers are within 10 days of the correct answer

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