You expect to receive $3.500 upon your graduation and will invest your windfall at an interest rate of 51 percent per quarter until the account is worth $5,050. How many years do you have to wait until you reach your target account value? Mutiple Choice 10.40 years 1692 years 1577 years 18:02 years 1815 years

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A:

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A: Future value = it the Part of Time value of money.  Future value is the value of asets as on the…

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A: Answer 6.Answer 7.

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