Adel Enterprise wants to accumulate a total sum of $526,000 in a few years. They want to deposit $106,800 today and make additional $2,650 deposits at the end of every month thereafter. How long will it take to accumulate the $526,000 if interest rate is 5.12% compounded quarterly?

Enter the future value as a positive value in the FV box below. Enter PV and PMT as positive or negative values based on FV being positive. Report N as a whole number.

P/Y =

C/Y =

N =

I/Y =

PV = $

PMT = $

FV = $

Report your answer in years and months as whole numbers below. If years is an exact integer as 7 years, then enter 7 for years and 0 for months. You must enter a value in each box. It will take years and months.