our mother just received a ​$231 comma 073231,073 inheritance. If she invests her money in a diversified equity portfolio returning 99 percent per​ year, approximately how long will it take her to become a​ millionaire?         Question content area bottom Part 1 Click on the table icon to view the FVIF​ table: LOADING... .   If she invests her money in a diversified equity portfolio returning 99 percent per​ year, it will take her enter your response here years to become a millionaire.  ​(Round to the nearest​ year.)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Question
our mother just received a
​$231 comma 073231,073
inheritance. If she invests her money in a diversified equity portfolio returning
99
percent per​ year, approximately how long will it take her to become a​ millionaire?  
 
 
 

Question content area bottom

Part 1
Click on the table icon to view the FVIF​ table:
LOADING...
.
 
If she invests her money in a diversified equity portfolio returning
99
percent per​ year, it will take her
enter your response here
years to become a millionaire.  ​(Round to the nearest​ year.)
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