You expect to receive $34,000 at graduation in two years. you plan on investing it at 10 percent until you have $169,000.
how long will you wait from now?

You have to wait for 19 years

Step-by-step explanation:

expected money to be receive =  $34,000

rate of interest = 10 %

Amount to be received = $169,000

time = ?

taking log both side

t × ln (1.1) = ln (4.97)

t = 16.82

t = 17 (approx.)

so, he have to wait for 17 + 2 = 19 years .

constants mean the stopped points or the points on a graph that nothing is changing, hope this

step-by-step explanation: