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5. TIME TO REACH A FINANCIAL GOAL You have $56,899.31 in a brokerage account, and you plan to deposit an additional $3,000 at the end
5.
TIME TO REACH A FINANCIAL GOAL
You have $56,899.31 in a brokerage account, and you plan to deposit an additional $3,000 at the end of every future year until your account totals $270,000. 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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