Question
You expect to receive $42,000 at graduation in two years. You plan on investing it at 9.5 percent until you have $177,000. How long will
You expect to receive $42,000 at graduation in two years. You plan on investing it at 9.5 percent until you have $177,000.
| How long will you wait from now? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
| Period | years |
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
1st Edition
0130176141, 9780130176141
