You expect to receive 32000 at graduation in two years you, Finance Basics

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You expect to receive 32000 at graduation in two years you

Question: You expect to receive $32,000 at graduation in two years. You plan on investing it at 9.5 percent until you have $167,000. How long will you wait from now? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Period years

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