You expect to receive $30,000 at graduation in two years. You plan on investing it at 7 percent until you have $100,000.
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You expect to receive $30,000 at graduation in two years. You plan on investing it at 7 percent until you have $100,000.
You expect to receive $30,000 at graduation in two years. Youplan on investing it at 7 percent until you have $100,000. Howlong will you wait from now? (Do not roundintermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.)