Question: NEED ASAP. please answer in 10 MINUTES! I will rate good!! Your great-uncle Buford passed away. You didn't really know him. But you found that
NEED ASAP. please answer in 10 MINUTES! I will rate good!!
Your great-uncle Buford passed away. You didn't really know him. But you found that he left you $747,494 in his will. You have decided that you wanted to invest that money, and not touch it until it has grown to $1,000,000. If you believe you can earn 9.4% per year on your investment portfolio, how long will it take for your original investment of $747,494 to turn into $1,000,000 ? (Please respond in years, with two significant decimal points - e.g. 8.45 for 8.45 years)
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