Malaika has saved $15,000 already to buy a home. In the future, she can save $500 per month at the end of each month in a savings account. The savings account is giving her 7.25% return per year.

How many years will it take for Malaika to save $60,000 as a down payment to buy her dream house? Enter your answer in years in the following format: 1.23 Hint: Answer is between 4.66 and 5.66