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You expect to receive $44,000 at graduation in two years. You plan on investing it at 10 percent until you have $179,000. How long will you wait from now
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You expect to receive $44,000 at graduation in two years. You plan on investing it at 10 percent until you have $179,000. How long will you wait from now
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Feb 23, 2024
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You expect to receive $44,000 at graduation in two years. You plan on investing it at 10 percent until you have $179,000. How long will you wait from now
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Based on a few calculations..
it will take—probably like 9.8 years to reach $179,000 by investing $44,000 at 10% interest.
Garry Taylor
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Feb 27, 2024
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