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David's friend, Keanu, has hired a financial planner for advice on retirement. Considering Keanu's current expenses and expected future lifestyle changes, the financial planner has
David's friend, Keanu, has hired a financial planner for advice on retirement. Considering Keanu's current expenses and expected future lifestyle changes, the financial planner has stated that once Keanu crosses a threshold of $4,991,331 in savings, he will have enough money for retirement. Keanu has nothing saved for his retirement yet, so he plans to start depositing $85,00 in a retirement fund at a fixed rate of 12.00%at the end of each year. It will take ____________ years for Keanu to reach his retirement goal.
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