Number of periods of an annuity you have 4214951 in a, Ask an Expert

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Number of Periods of an Annuity You have $42,149.51 in a brokerage account, and you plan to deposit an additional $5,500 at the end of every future year until your account totals $250,000. You expect to earn 10.7% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places.

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