Martina needs $3132 for a future project. She can invest $2000 now at an annual rate of 10.2%, compounded monthly. Assum

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answerhappygod
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Martina needs $3132 for a future project. She can invest $2000 now at an annual rate of 10.2%, compounded monthly. Assum

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Martina Needs 3132 For A Future Project She Can Invest 2000 Now At An Annual Rate Of 10 2 Compounded Monthly Assum 1
Martina Needs 3132 For A Future Project She Can Invest 2000 Now At An Annual Rate Of 10 2 Compounded Monthly Assum 1 (11.66 KiB) Viewed 44 times
Martina needs $3132 for a future project. She can invest $2000 now at an annual rate of 10.2%, compounded monthly. Assuming that no withdrawals are made, how long will it take for her to have enough money for her project? Do not round any intermediate computations, and round your answer to the nearest hundredth.
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