Question: 4 You expect to receive $ 1 3 , 0 0 0 at graduation in two years. You plan on investing it at 9 percent

4 You expect to receive $13,000 at graduation in two years. You plan on investing it at 9
percent until you have $99,000. How long will you wait from now?
Mutiple Choice
23.56 years
25.56 years
2156 years
28.62 years
4 You expect to receive $13,000 at graduation in two years.

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