You can afford monthly deposits of $250 into an account that pays 3.0% compounded monthly. How long will it be until you have $7,400 to buy a boat?  Type the number of months___

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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You can afford monthly deposits of $250 into an account that pays 3.0% compounded monthly. How long will it be until you have $7,400 to buy a boat? 

Type the number of months___

 

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