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Tim has decided to retire once he has $ 1 , 0 0 0 , 0 0 0 in his retirement account. At the end

Tim has decided to retire once he has $1,000,000 in his retirement account. At the end of each year, he will contribute $7,000 to the account, which is expected to provide an annual return of 6.2%. How many years will it take until he can retire?

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