Mathematics, 22.09.2019 06:30 justinxvengance7249
You decide to put $100 in a savings account to save for a $3,000 down payment on a new car. if the account has an interest rate of 2% per year and is compounded monthly, how long does it take you to earn $3,000 without depositing any additional funds? a. 170.202 years
b. 14.3129 years
c. 171.755 years
d. 168.354 years
Answers: 1
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You decide to put $100 in a savings account to save for a $3,000 down payment on a new car. if the a...
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