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Rachel wants to accumulate at least $60,000 by depositing $1,900 at the end of every month into a fund that earns intere
Posted: Sat Jul 02, 2022 10:21 pm
by answerhappygod
- Rachel Wants To Accumulate At Least 60 000 By Depositing 1 900 At The End Of Every Month Into A Fund That Earns Intere 1 (253.91 KiB) Viewed 11 times
Rachel wants to accumulate at least $60,000 by depositing $1,900 at the end of every month into a fund that earns interest at 4.50% compounded monthly.
Question 4 of 10 a. How many deposits does she need to make to reach her goal? 0 Round to the next payment b. How long will it take Rachel to reach her goal? o years o months Express the answer in years and months, rounded to the next payment period SUBMIT
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