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Number of payments. Your grandfather will sell you a piece of beachfront property for $ 6 0 , 0 0 0 . He says the

Number of payments. Your grandfather will sell you a piece of beachfront property for $60,000. He says the price is firm whenever you can pay him cash. You know your finances will only allow you to save $5,600 a year and you can make 10% 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 Jong will it take for you to accumulate the necessary $60,000 future cash for the beachfront property?
years (Round to two decimal places.)
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