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Posted on Jul 09, 2024

You have $ 2 1 , 5 8 7 . 5 5 in a brokerage account, and you plan to deposit an additional $ 3

You have $

21, 587.55

in a brokerage account, and you plan to deposit an additional $

3, 000

at the end of every future year until your account totals $

230, 000 .

You expect to earn

12 %

annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number.

years

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