Multiple Choice
You expect to receive $20,000 at graduation one year from now.You plan on investing it at 6 percent until you have $100,000.How long will you wait from now?
A) 27.47 years
B) 27.51 years
C) 27.55 years
D) 28.54 years
E) 28.62 years
Correct Answer:
Verified
Correct Answer:
Verified
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