How much time will account take to accumulate

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Question: Your retirement account has a current balance of $66,500. How much time will it take to accumulate a total of $1,500,000 if you are adding $6,500 annually and the interest rate is 7 percent? Show your work and use Excel to find your answer. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131928139

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