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If you plan to make an initial contribution of $6,000 to a retirement account in 5 years and you will make annual contributions of $6,000
If you plan to make an initial contribution of $6,000 to a retirement account in 5 years and you will make annual contributions of $6,000 thereafter, after how many contributions will your balance have reached at least $900,000 if your account earns 5.5% annual interest?
Please explain fully using the BAII PLUS financial calculator.
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