how to know if it's time for a new transmission?

1995 OLDSMOBILE ACHIEVA
189,998 MILES
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CREATOR AND JUDGE
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my car will not go faster then 17mph. and when i press the gas pedal all the way to the floorboard it still doesn't increase in speed what is the problem? answer; please!
Aug 15, 2012 at 7:47 PM
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KHLOW2008
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Does the engine rpm shoot up and vehicle does not increase in speed?
Is the MIL indicating?
Aug 15, 2012 at 8:00 PM