Milan is saving up money for a condo. She currently has $2525. But she knows she can get a lower interest rate if she can put down 3258. If she invests in an account that earns 5.3 % annually , compounded quarterly. How long will it take Milan to accumulate the 3258? Round two decimals

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 6RE: Hsu-Mei wants to save 5,000 for a down paymenton a car. To the nearest dollar, how much will sheneed...
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Milan is saving up money for a condo. She currently has $2525. But she knows she can get a lower interest rate if she can put down 3258. If she invests in an account that earns 5.3 % annually , compounded quarterly. How long will it take Milan to accumulate the 3258? Round two decimals
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