Tim Howard has been offered the opportunity of investing $45,900 now. The investment will earn 6% per year and at the end of that time will return Tim $82,200. Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 Click here to view the factor table Present Value of 1 Click here to view the factor table Present Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How many years must Tim wait to receive $82,200?

(Hint: Use Table 3.) (Round answer to 0 decimal places, e.g. 25.) Tim must wait ________ years