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Not Answered Question Workspace Jane Smith has $ 2 0 , 0 0 0 in a brokerage account, and she plans to contribute an additional

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Jane Smith has $20,000 in a brokerage account, and she plans to contribute an additional $7,500 to the account at the end of every year. The brokerage account has an expected annual return of 8%. If Janes goal is to accumulate $375,000 in the account, how many years will it take for Jane to reach her goal?
5.20
18.40
16.33
12.50
10.00

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