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Posted on Sep 04, 2024

You expect to receive $ 1 5 , 0 0 0 at graduation in three years. You plan on investing it at 1 3 %

You expect to receive $

15, 000

at graduation in three years. You plan on investing it at

13 %

until

you have $

106, 000 .

How long will you wait from now?

(4

marks

)

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