You expect to receive $12,000 at graduation in three years. You plan on investing it at...

Transcribed Image Text:

You expect to receive $12,000 at graduation in three years. You plan on investing it at 12% until you have $79,000. How long will you wait from now? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Number of years 16.63 You expect to receive $12,000 at graduation in three years. You plan on investing it at 12% until you have $79,000. How long will you wait from now? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Number of years 16.63