You expect to receive $9,000 at graduation in two years. You plan on investing it at...

You expect to receive $9,000 at graduation in two years. You plan on investing it at 12 percent until you have $110,000. How long will you wait from now? (Do not round your intermediate calculations.)

20.09 years
22.09 years
24.09 years
26.50 years
26.98 years

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jeff jeffy answered 8 months ago

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You expect to receive $9,000 at graduation in two years. You plan on investing it at...

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