Problemtime to reach a financial goalyou have 2107244 in a, Ask an Expert

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Time to reach a financial goal

You have $21,072.44 in a brokerage account, and you plan to deposit an additional $6,000 at the end of every future year until your account totals $210,000. You expect to earn 11% annually on the account. How many years will it take to reach your goal? Please provide step by step solution and also show all work.

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Category:- Basic Finance
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