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Question 16 (4 points) Ari has accumulated $48,775.95 in an investment account by making end-of-month contributions of $400. The investment account earns 4.2% compounded monthly.

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Question 16 (4 points) Ari has accumulated $48,775.95 in an investment account by making end-of-month contributions of $400. The investment account earns 4.2% compounded monthly. How long will it take Ari to accumulate her goal of $100,000? Express your answer in years and months (rounding up to the nearest month). Referring to the "?"s in the table, and considering inflows and outflows of cash, enter the appropriate values in the blanks below. N TY Mode CY PMIT PY FV END 2 4.2 12 ? ? 12 2 N (rounded to 2 decimals) = PV = 4 PMT = FV = N How long until her goal is reached? Years = A/ Months

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