Hello,

Are you able to assist with the below?

7.Determining the Number of Years. You discover $40,000 under your pillow, which can be invested at a rate of 18% per year. If you spend $11,435 per year, how long will the money last?

HINT: $40,000 = $11,435 (PVAF 18%, n)

or $40,000 = $11,435 x ((1-1/1.18ⁿ)/.18) and solve for n