How many years will it take for jim to reach his goal show


Jim Kane has $20,000 in a brokerage account, and he plans to contribute an additional $7,500 to the account at the end of every year. The brokerage account has an expected annual return of 8%. If Jim's goal is to accumulate $375,000 in the account, how many years will it take for Jim to reach his goal? Show your work in excel using the excel functions.

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Financial Management: How many years will it take for jim to reach his goal show
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