Question
You expect to receive $16,000 at graduation in two years. You plan on investing it at 11 percent until you have $109,000. How long will
You expect to receive $16,000 at graduation in two years. You plan on investing it at 11 percent until you have $109,000. How long will you wait from now?
Multiple Choice
22.83 years
20.39 years
16.39 years
22.42 years
18.39 years
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Own Your Money
Authors: Michela Allocca
1st Edition
0760381127, 978-0760381120
