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Mathematics, 21.06.2020 05:57 reese4232
Damon is saving up money for a down payment on a condominium. He currently has $4818$ 4818, but knows he can get a loan at a lower interest rate if he can put down $5381$ 5381. If he invests the $4818$ 4818 in an account that earns 5.6%5.6% annually, compounded continuously, how long will it take Damon to accumulate the $5381$ 5381? Round your answer to two decimal places, if necessary.
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Damon is saving up money for a down payment on a condominium. He currently has $4818$ 4818, but know...
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