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Time to reach a financial goal

You have $14, 307.13 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 13% annually on the account. How many years will it take to reach your goal?

at the end of the calculations.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92424813

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