You expect to receive 30000 at graduation in two years you


You expect to receive $30,000 at graduation in two years. You plan on investing it at 9 percent until you have $165,000. How long will you wait from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Period_________ years

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Financial Management: You expect to receive 30000 at graduation in two years you
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