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You currently have $60,000 in a retirement account, and you plan to deposit $5,000 at the end of every year until your account reaches $250,000.
You currently have $60,000 in a retirement account, and you plan to deposit $5,000 at the end of every year until your account reaches $250,000. You expect to earn 6% annually. How many years will you have to work before you retire?
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