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You expect to receive a payout from a trust fund in 3 years. The payout will be for $13,400. You plan to invest the money

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You expect to receive a payout from a trust fund in 3 years. The payout will be for $13,400. You plan to invest the money at an annual rate of 5.3 percent until the account is worth $22,600. How many years do you have to wait from today? Multiple Choice 11.81 years 13.12 years 11.66 years 9.84 years 10.12 years

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