Your goal is to save up $30,000 to use as a future down payment. If...
60.1K
Verified Solution
Link Copied!
Question
Finance
Your goal is to save up $30,000 to use as a future down payment. If you save $3,272 every year in an account that earns 19% annually, how long will you be saving? Round your numerical answer to the nearest one-hundredth of a year
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!