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You need to accumulate $ 1 1 , 7 7 0 . To do so , you plan to make deposits of $ 9 3

You need to accumulate $11,770. To do so, you plan to make deposits of $935 per year, with the first payment being made a year from today, in a bank account which pays 5 annual interest. Approximately how long will it take you to reach your goal? If needed, you can access the interest tables here.
15 years
10 years
20 years
18 years
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