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You have $ 4 , 8 0 8 . 8 8 in a brokerage account, and you plan to deposit an additional $ 6 ,

You have $

4, 808.88

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

6, 000

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

250, 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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