You currently have $80,000 invested in shares and at the end of each year you save $7,000 from your wages to buy more shares, adding to your portfolio. If the shares' total expected return is 17% pa and all dividends are re-invested, calculate how many years it will take your share portfolio to reach $180,000. Round your answer up to the nearest year.

Select one:

a.

2 years

b.

3 years

c.

4 years

d.

5 years

e.

6 years