How many years will it take to reach your goal, Financial Accounting

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How many years will it take to reach your goal

Problem

You have $33,556.25 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account total $220,000. You except to earn 12% annually on the account. How many years will it take to reach your goal?

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Financial Accounting: How many years will it take to reach your goal

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