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Click here to read the eBook: Finding the Number of Years, N TIME TO REACH...

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Finance

Click here to read the eBook: Finding the Number of Years, N

TIME TO REACH A FINANCIAL GOAL

You have $10,843.46 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $220,000. You expect to earn 14% 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.

____years

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