Calculate number of months it will take sue to reach goal

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Reference no: EM132020282

Sue wants to retire with $1,000,000 in the bank. He plans to deposit $150 each month, starting one month from today, into the account until he reaches his goal. His required rate of return is 10% APR (monthly compounding). Calculate the number of months it will take Sue to reach his goal. Round to 2 decimals and enter a positive value.

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Reference no: EM132020282

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