Number of payments.Your grandfather will sell you a piece of beachfront property for

O Number of payments. Your grandfather will sell you a piece of beachfront property for $60,000. He says the price is rm whenever you can pay him cash. You know your nances will only allow you to save $6,200 a year and you can make 6% on your investment. If you invest faithfully every year at the end of the year, how long will it take for you to accumulate the necessary $60,000 future cash for the beachfront property? How long will it take for you to accumulate the necessary $60,000 future cash for the beachfront property? D years (Round to two decimal places.)