your grandfather will sell you a piece of beachfront property for 62500 he says

4 of 10 (1 complete) V p {i Number ofpayments' Your grandfather will sell you a pieoe of beachfront property for $62,509. He says the price is rm whenever you can pay him cash, You know your nances will only allow you to save $5,800 a year and you can make 12% on your investment. If you invest faithfully every year at the end of the year] how long will it take for you to accumulate the necessary $62,500 future sh for the beachfront property? How long will it take for you to accumulate the necessary $62,500 future cash for the beachfront property? D years (Round to two decimal places) Enter your answer in the answer box. 6