Question: You have $$ 4 2 , 1 8 0 . 5 3 in a brokerage account, and you plan to deposit an additional $ 5

You have $$42,180.53 in a brokerage account, and you plan to deposit an additional
$5,000 at the end of every future year until your account totals $250,000. You expect to
earn 12% annually on the account. How many years will it take to reach your goal?
k

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