You expect to receive $15,000 at graduation in two years. You plan on investing it at 9

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You expect to receive $15,000 at graduation in two years. You plan on investing it at 9 percent until you have $75,000. Howlong will you wait from now?

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Fundamentals of Corporate Finance

ISBN: 978-0077861704

11th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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