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You expect to receive $39,000 at graduation in two years. you plan on investing it at 10 percent until you have $174,000. how long will you wait from now?

You expect to receive $39,000 at graduation in two years. you plan on investing it at 10 percent until you have $174,000. how long will you wait from now?
asked 141k views
5 votes
You expect to receive $39,000 at graduation in two years. you plan on investing it at 10 percent until you have $174,000. how long will you wait from now?

asked
User Wwnde
by
8.8k points

1 Answer

7 votes
wouldnt it be about 34 years i think.
answered
User Jacky Boen
by
8.3k points
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