1. Business
  2. Finance
  3. you can afford monthly deposits of 180 into an account...

Question: you can afford monthly deposits of 180 into an account...

Question details

You can afford monthly deposits of $180 into an account that pays 3.3% compounded monthly. How long will it be until you have $7,400 to buy a boat? Type the number of months: (Round to the next-higher month if not exact.)

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution