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You expect to receive $6,000 at graduation in two years. You plan on investing it at 8 percent until you have $91,000. How long will
You expect to receive $6,000 at graduation in two years. You plan on investing it at 8 percent until you have $91,000. How long will you wait from now? (Do not round your intermediate calculations.) |
41.81 years
35.33 years
33.33 years
37.33 years
41.06 years
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