How long does sam have before he will retire

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Reference no: EM131315022

Sam refuses to retire until his retirement account has a balance of at least $ 403,806 . Sam refuses to make any more deposits in the account. The account currently has a balance of $ 147,092 and earns 6% per year, compounded semi-annually. How long does Sam have before he will retire?

Reference no: EM131315022

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How long does sam have before he will retire : Sam refuses to retire until his retirement account has a balance of at least $ 403,806 . Sam refuses to make any more deposits in the account. The account currently has a balance of $ 147,092 and earns 6% per year, compounded semi-annually. How long ..

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