You have just inherited $560,000. You plan to save this money and continue to live...
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You have just inherited $560,000. You plan to save this money and continue to live off the money that you are earning in your current job. If you can invest the money in a bond that pays 4.50 percent interest annually, how long will it be before your inheritance is worth $1 million? (If you solve this problem with algebra round Intermediate calculations to 5 decimal places, In all cases round your final answer to a decimal places, es. 8.72.) Inheritance will be worth $1 million in years
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