You expect to receive $4,200 upon your graduation and will invest your windfall at an interest...
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You expect to receive $4,200 upon your graduation and will invest your windfall at an interest rate of .65 percent per quarter until the account is worth $5,575. How many years do you have to wait until you reach your target account value? You expect to receive $4,200 upon your graduation and will invest your windfall at an interest rate of .65 percent per quarter until the account is worth $5,575. How many years do you have to wait until you reach your target account value?
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