You have $$11,900$ that you can invest in a savings account that earns $12\mathrm{.}0\%$ interest, compounded annually. If you want to withdraw at least $$19,900$ at some point in the future, how long will you need to keep the money invested? $($Future Value of $$1,$ Present Value of $$1,$ Future Value Annuity of $$1,$ Present Value Annuity of $$1)$

Note: Use appropriate factor from the FV tables. Round your final answer to nearest dollar amount.

Multiple Choice

$7$ years

$6$ years

$8$ years

$5$ years