Sam refuses to retire until his retirement account has a


Sam refuses to retire until his retirement account has a balance of at least $ 395, 888. Sam refuses to make any more deposits in the account. The account currently has a balance of $ 100, 066 and earns 6% per year, compounded semi-annually. How long does Sam have before he will retire? 

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Financial Management: Sam refuses to retire until his retirement account has a
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