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You expect to receive $10,000 at graduation in two years. You plan on investing it...

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Finance

You expect to receive $10,000 at graduation in two years. You plan on investing it at 10% compounded quarterly until you have $15,000. How many years do you have to wait from now?

16.42 years

4.25 years

4.11 years

6.11 years

None of the above.

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