Brokerage account-how many year will take to reach your goal

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You have $31,698 in a brokerage account, and you plan to deposit an additional $4000 at the end of every future year until your account total $240000. You expect to earn 13% annually on the account. How many years will it take to reach your goal? Round you answer to two decimal places at the end of the calculation.

Reference no: EM13976503

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