How many years will it take to reach goal


You have $40,146.29 in a brokerage account, and you plan to deposit an additional $6,500 at the end of every future year until your account totals $200,000. You expect to earn 11.9% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole. years

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Accounting Basics: How many years will it take to reach goal
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