Problem $5-31$ Future Value of Annuities $($LO$3)$

A saving account earns an interest rate $4\mathrm{.}75\%$ per year. I need $$398,533\mathrm{.}11$ to make a down payment on a house. I can save

$$14,500$ per year. How long will it take me to accumulate the $$398,533\mathrm{.}11?($Do not round intermediate calculations. Round your

answer to $2$ decimal places. Use a financial calculator or Excel.$)$

yearsA saving account earns an interest rate $4\mathrm{.}75\%$ per year. I need $$398,533\mathrm{.}11$ to make a down payment on a house. I can save $$14,500$ per year. How long will it take me to accumulate the $$398,533\mathrm{.}11?($Do not round intermediate calculations. Round your answer to $2$ decimal places. Use a financial calculator or Excel.$)$