Mathematics, 30.04.2021 20:10 azaz1819

Mr. and Mrs. Robinson save $2250 a year towards their retirement. Their goal is to have $1.5 million when they retire. If they make annual payments into an annuity that offers an annual interest rate of 11%, how many year will it take for the Robinsons to reach their goal? (Round your answer to the nearest tenth).

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Mr. and Mrs. Robinson save $2250 a year towards their retirement. Their goal is to have $1.5 million...

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