Present and future value tables of $1 at 9% are presented below. N FV $1 PV $1 FVA $1 FVAD $1 PVA $1 PVAD $1 1 1.09000 0.91743 1.0000 1.0900 0.91743 1.00000 2 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 4 1.41158 0.70843 4.5731 4.9847 3.23972 3.53129 56 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 $7,300 annually beginning now in order to accumulate $30,950 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? In order to answer this question, you will need to know which type of correct table is needed. You may also use the applicable equation