Multiple Choice
You expect to receive $9,000 at graduation in 2 years.You plan on investing this money at 10 percent until you have $60,000.How many years will it be until this occurs?
A) 18.78 years
B) 19.96 years
C) 21.90 years
D) 23.08 years
E) 25.00 years
Correct Answer:
Verified
Correct Answer:
Verified
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