You expect to receive 11000 at graduation in two years you


You expect to receive $11,000 at graduation in two years. You plan on investing at 12 percent until you have $97,000. How long will you wait from now? (Do not round the intermediate calculations)? 17.21 years, 23.75 years, 23.33 years, 21.21 years, 19.21 years?

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Finance Basics: You expect to receive 11000 at graduation in two years you
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