Question: 14. Problem 4 26 (Reaching a Financial Goal) eBook Reaching a Financial Goal You need to accumulate 510,000. To do so, you plan to make
14. Problem 4 26 (Reaching a Financial Goal) eBook Reaching a Financial Goal You need to accumulate 510,000. To do so, you plan to make deposits of $1,350 per year with the first payment being made a year from today - into a bank account that pays 12% annual interest. Your last deposit will be less than $1,350 if less is needed to round out to $10,000, How many years will it takes you to reach your $10,000 ? Do not round intermediate calculation, Round your answer up to the nearest whole number year(s) How large will the last deposit be? Do not round intermediate calculations. Round your answer to the nearest cent: 14. Problem 4 26 (Reaching a Financial Goal) eBook Reaching a Financial Goal You need to accumulate 510,000. To do so, you plan to make deposits of $1,350 per year with the first payment being made a year from today - into a bank account that pays 12% annual interest. Your last deposit will be less than $1,350 if less is needed to round out to $10,000, How many years will it takes you to reach your $10,000 ? Do not round intermediate calculation, Round your answer up to the nearest whole number year(s) How large will the last deposit be? Do not round intermediate calculations. Round your answer to the nearest cent
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