You have always wanted to live on the beach in the tropics. You just returned from a vacation in a place where you could easily live the rest of your life, and decided to retire as soon as possible. But you want to live well - which you feel you could with an investment fund of $3,000,000. You just started a career after finishing your Tarleton degree. You figured you can afford to save $1,144 per month to a retirement account. If you think you can earn an average of 9.4% per year in the investment market (thanks to Bauer's excellent finance class), how long will it take until you can retire? (Please state your answer in years, with three decimal point precision.)

You have always wanted to live on the beach in the tropics. You just returned from a vacation in a place where you could easily live the rest of your life, and decided to retire as soon as possible. But you want to live well - which you feel you could with an investment fund of $3,000,000. You just started a career after finishing your Tarleton degree. You figured you can afford to save $1,144 per month to a retirement account. If you think you can earn an average of 9.4% per year in the investment market (thanks to Bauer's excellent finance class), how long will it take until you can retire? (Please state your answir in years, with three decimal point precision.)