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Find how many years will take to reach goal

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Problem 1: You have $58,334.48 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $290,000. You expect to earn 10% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number.

Reference no: EM132834250

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