What is the minimum number of years a person must deposit


Question: What is the minimum number of years a person must deposit $3,000 per year (at the end of each year) in order to have accumulated at least $55,000 at the time of the last deposit? Use an interest rate of 12% per year and round off to the higher integer year. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: What is the minimum number of years a person must deposit
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