3 years.

5 years.

4 years.

6 years.

Present and future value tables of $1 at 9% are presented below. FV $1 PV $1 FVA $1 FVAD $1 PVA $1 PVAD $1 1.09000 0.91743 1.0000 1.0900 0.91743 1.00000 1.18810 0.84168 2.0900 2.2781 1.75911 1.91743 3 1.29503 0.77218 3.2781 3.5731 2.53129 2.75911 1.41158 0.70843 4.5731 4.9847 3.23972 3.53129 1.53862 0.64993 5.9847 6.5233 3.88965 4.23972 6 1.67710 0.59627 7.5233 8.2004 4.48592 4.88965 You want to invest $8,600 annually beginning now in order to accumulate $30,370 for a down payment on a house. If you can invest at an interest rate of 9% compounded annually, about how many years will it take to accumulate the required amount? FTTTTTT