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Jane currently has $75,000 in a S&P 500 index fund and plans to deposit an additional $10,000 at the end of each year until the
Jane currently has $75,000 in a S&P 500 index fund and plans to deposit an additional $10,000 at the end of each year until the account balance becomes one million dollars. She expects the S&P 500 index fund to generate an annual return of 7%. How many years will it take to achieve her goal?
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