Find N for Annuity. A friend wants to save aggressively for early retirement by depositing $20,000 one year from now into low-cost Index Funds at Vanguard and continue $20,000 deposits at the end of every year until reaching $1 million. Your friend asked you to determine how many years will it take to reach $1 million at an annual return of 6 percent. 23.8 years 16 years 23 years 15 years 12 years Question 11 1 pts Gold Coin Investment. An elderly relative offers to give you a gold coin purchased for $1 that is worth $750 today and has earned an average annual return of 14%. If you can determine how many years ago the coin was purchased, then it will be given to you today. You quickly calculate N as: 45.2 years ago 50.5 years ago 32.9 years ago 20 years ago 20 years ago 75 years ago