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QUESTION
You expect to receive $14,000 at graduation in two years. You plan on investing it at 7 percent until you have $100,000. How long will you wait from
You expect to receive $14,000 at graduation in two years. You plan on investing it at 7 percent until you have $100,000. How long will you wait from now? (Do not round your intermediate calculations.)
rev: 09_17_2012
