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You expect to receive $12000 at graduation one year from now. You plan on investing it at 8% until you have $100000. How long will

You expect to receive $12000 at graduation one year from now. You plan on investing it at 8% until you have $100000. How long will you wait from now?

a. 27.47 years

b. 27.51 years

c. 27.55 years

d. 28.55 years

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