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You have $30,566.19 in a brokerage account, and you plan to deposit an additional $3,000 at the end of every future year
Posted: Thu May 19, 2022 6:25 am
by answerhappygod
- You Have 30 566 19 In A Brokerage Account And You Plan To Deposit An Additional 3 000 At The End Of Every Future Year 1 (9.71 KiB) Viewed 33 times
You have $30,566.19 in a brokerage account, and you plan to deposit an additional $3,000 at the end of every future year until your account totals $200,000. You expect to earn 10% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number years