Solution-Inheritance in a tax-free bond fund earning

Inheritance in a tax-free bond fund earning

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Reference no: EM131397493

You have just received $195,000 from the estate of a long-lost rich uncle. If you invest all your inheritance in a tax-free bond fund earning 6.8% compounded quarterly, how long do you have to wait to become a millionaire? (Round your answer to two decimal places.)

Reference no: EM131397493

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Inheritance in a tax-free bond fund earning : You have just received $195,000 from the estate of a long-lost rich uncle. If you invest all your inheritance in a tax-free bond fund earning 6.8% compounded quarterly, how long do you have to wait to become a millionaire? (Round your answer to tw..

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Inheritance in a tax-free bond fund earning

Reference no: EM131397493

Reference no: EM131397493

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