You have $55,148.17 in a brokerage account, and you plan to deposit an additional $5,000 at the end
You have $55,148.17 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $280,000. You expect to earn 10% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.Amount nowAnnual additional amountExpected future amountAnnual interestYears to reach goal $55,148.17$5,000$280,00010%12.00
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You have $55,148.17 in a brokerage account, and you plan to deposit an additional $5,000 at the end
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