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Suppose you have $44,000 saved in an investment account and you are able to deposit an additional $6,000 at the end of each year.


 

Suppose you have $44,000 saved in an investment account and you are able to deposit an additional $6,000 at the end of each year. If you are able to earn 7% per year on the funds in the account, how long will it take in years until the account reaches $180,000?

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