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You expect to receive a payout from a trust fund in 2 years. The payout will be for $10,000. You plan to invest the money
You expect to receive a payout from a trust fund in 2 years. The payout will be for $10,000. You plan to invest the money at an annual rate of 6.1 percent until the account is worth $17,500. How many years do you have to wait from today?
*Do on Excel please
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