Solution-Plan to deposit an additional

Plan to deposit an additional

Reference no: EM131100958

You have $38,630.60 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $200,000. You expect to earn 11% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations

Reference no: EM131100958

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Plan to deposit an additional : You have $38,630.60 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $200,000. You expect to earn 11% annually on the account.

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Plan to deposit an additional

Reference no: EM131100958

Reference no: EM131100958

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