You expect to receive $30,000 at graduation in two years. You plan on investing it at 7 percent until you have $100,000.
Posted: Sun Jul 03, 2022 6:42 am
You expect to receive $30,000 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 intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Years to wait 17.79