You expect to receive $$10,000$ at graduation in two years. You plan on investing it

at $11$ percent until you have $$60,000.$ How long will you wait from now?

$3$

$4$ Input area:

$5$

$6$ Present value

$7$ Years until cash flow received

Interest rate

Future value

$$10,000$

$2$

$,$$$60,000$

$($Use cells A$6$ to B$9$ from the given information to complete this question.$)$

Output area:

$4$

Number of years to reach value

Total years to wait from today