Multiple Choice
You expect to receive $12,000 at graduation one year from now. You plan on investing it at 8 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) 28.47 years
E) 28.55 years
Correct Answer:
Verified
Correct Answer:
Verified
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