Mona plans to buy a house on cash instead of paying mortgage. She plans to set aside $12,400 at the end of each year for 15 years. She puts her savings in a Tax Free Savings Account (TFSA) and invests them in a high risk mutual fund, which has traditionally earned 10.2% annually. Money decreases in value by 2.5% per annum as well. How long will it take Mala to reach her target? Mona plans to buy a house on cash instead of paying mortgage. She plans to set aside $12,400 at the end of each year for 15 years. She puts her savings in a Tax Free Savings Account (TFSA) and invests them in a high risk mutual fund, which has traditionally earned 10.2% annually. Money decreases in value by 2.5% per annum as well. How long will it take Mala to reach her target? Mona plans to buy a house on cash instead of paying mortgage. She plans to set aside $12,400 at the end of each year for 15 years. She puts her savings in a Tax Free Savings Account (TFSA) and invests them in a high risk mutual fund, which has traditionally earned 10.2% annually. Money decreases in value by 2.5% per annum as well. How long will it take Mala to reach her target? Mona plans to buy a house on cash instead of paying mortgage. She plans to set aside $12,400 at the end of each year for 15 years. She puts her savings in a Tax Free Savings Account (TFSA) and invests them in a high risk mutual fund, which has traditionally earned 10.2% annually. Money decreases in value by 2.5% per annum as well. How long will it take Mala to reach her target