You expect to receive $27,000 at graduation in two years. You plan on investing it at 9.5 percent until you have $162,00
Posted: Fri Jul 01, 2022 7:42 am
You expect to receive $27,000 at graduation in two years. You plan on investing it at 9.5 percent until you have $162,000. Required: How long will you wait from now? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Period years