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You want your daughter to be a millionaire. She is 6 years old today when you deposit $42,000 in an account that earns 5.8% per
You want your daughter to be a millionaire. She is 6 years old today when you deposit $42,000 in an account that earns 5.8% per year. The funds in the account will be distributed to your daughter whenever the total reaches $1,000,000. How old will your daughter be when she gets the money? Enter your answer as a number rounded to 2 decimal places. (An answer of 35.1234 would be entered as 35.12)
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