Business, 06.12.2019 21:31 jhahn001

Joan is saving up money for a down payment on a motorcycle. she currently has $2744, but knows she can get a loan at a lower interest rate if she can put down $3688. if she invests the $2744 in an account that earns 5% annually, compounded monthly, how long will it take joan to accumulate the $3688? round your answer to two decimal places, if necessary.

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