You plan to invest the money at an annual rate of 67


You expect to receive a payout from a trust fund in 2 years. The payout will be for $11,600. You plan to invest the money at an annual rate of 6.7 percent until the account is worth $19,900. How many years do you have to wait from today?

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Finance Basics: You plan to invest the money at an annual rate of 67
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