Question: You expect to receive $ 2 , 6 0 0 upon your graduation and will invest your windfall at an interest rate of . 3

You expect to receive $2,600 upon your graduation and will invest your windfall at an interest rate of .33 percent per quarter until the account is worth $4,375. How many years do you have to wait until you reach your target account value?
Multiple Choice
39.49 years
36.86 years
39.68 years
42.53 years
34.55 years
 You expect to receive $2,600 upon your graduation and will invest

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