ou currently have $140,000 invested in shares and at the end of each year you save $9,000 from your wages to buy more shares, adding to your portfolio. If the shares' total expected return is 18% pa and all dividends are re-invested, calculate how many years it will take your share portfolio to reach $330,000. Round your answer up to the nearest year.

Select one:

a.

4 years

b.

5 years

c.

6 years

d.

7 years

e.

8 years