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Your Grandfather left you $655,847 in his will. You have decided that you wanted to invest that money, and not touch it until it has
Your Grandfather left you $655,847 in his will. You have decided that you wanted to invest that money, and not touch it until it has grown to $1,000,000. If you believe you can earn 9.96% per year on your investment portfolio, how long will it take for your original investment of $655,847 to turn into $1,000,000? (Please respond in years, with two significant decimal points - e.g. 8.45 for 8.45 years).
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