Time to reach a financial goalyou have 2979596 in a, Ask an Expert

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Time to reach a financial goal

You have $29,795.96 in a brokerage account, and you plan to deposit an additional $6,000 at the end of every future year until your account totals $250,000. You expect to earn 10% 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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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92404066

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