7. Problem 5.05 (Time to Reach a Financial Goal) eBook You have $26,553.88 in a brokerage account, and you plan to depos
Posted: Fri Jul 01, 2022 7:50 am
7. Problem 5.05 (Time to Reach a Financial Goal) eBook You have $26,553.88 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $250,000. You expect to earn 13% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number. years