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Is this correct, if not may you please show me where I went wrong and the proper formula for calculator. Will thumbs up 5. Problem
Is this correct, if not may you please show me where I went wrong and the proper formula for calculator. Will thumbs up
5. Problem 28-05 (Number of Periods for an Annuity) Number of Periods for an Annuity You have $54,375.94 in a brokerage account, and you plan to deposit an additional $3,500 at the end of every future year until your account totals $220,000. You expect to earn 10% annually on the account. How many years will it take to reach your goal? Do not round intermediate calculat your answer to the nearest whole number. yearsStep by Step Solution
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