Question: Problem 7: Calculating Future Values. You are scheduled to receive $17,000 in 3 years. When you receive it, you will invest it for nine more
Problem 7: Calculating Future Values. You are scheduled to receive $17,000 in 3 years. When you receive it, you will invest it for nine more years at 6% per year. In twelve years, the account will be worth $ Problem 8: Calculating the Number of Periods. You expect to receive $60,000 at graduation in 2 years. You plan on investing it at 6% until you have $150,000. How long will you have to wait from now? I will have to wait years from now
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