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You expect to receive a payout from a trust fund in 2 years. The payout will be for $13,200. You plan to invest the money
You expect to receive a payout from a trust fund in 2 years. The payout will be for $13,200. You plan to invest the money at an annual rate of 5.4 percent until the account is worth $22,300. How many years do you have to wait from today?
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