You expect to receive $$15,000$ at graduation in one year. You plan on investing it at $7$ percent until you have $$45,000.$

How long will you wait from now?

Multiple Choice

$17\mathrm{.}24$ years

$16\mathrm{.}24$ years

$14\mathrm{.}24$ years

$18\mathrm{.}24$ years

$15\mathrm{.}24$ years