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You expect to receive $43,000 at graduation in two years. You plan on investing it at 9.75 percent until you have $178,000. How long will
You expect to receive $43,000 at graduation in two years. You plan on investing it at 9.75 percent until you have $178,000. How long will you wait from now?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
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