What is t the number of years from today that investment b


Sasha owns two investments, A and B, that have a combined total value of 50,400 dollars. Investment A is expected to pay 21,200 dollars in 3 year(s) from today and has an expected return of 9.06 percent per year. Investment B is expected to pay 68,491 dollars in T years from today and has an expected return of 5.34 percent per year. What is T, the number of years from today that investment B is expected to pay 68,491 dollars? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is t the number of years from today that investment b
Reference No:- TGS02755081

Expected delivery within 24 Hours