Question
You expect to receive $9,000 at graduation in two years. You plan on investing it at 7 percent until you have $92,000. How long will
You expect to receive $9,000 at graduation in two years. You plan on investing it at 7 percent until you have $92,000. How long will you wait from now? (Do not round your intermediate calculations.)
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0471072419, 978-0471072416
