Solve the problem.
-You can afford monthly deposits of $200 into an account that pays 8% compounded monthly. How many
months will it be until you have $15,000 to buy a car? (Round up to the next higher month if not an integer.)

Question

Quizplus · Accepted Answer

The Answer of Solve the problem.
-You can afford monthly deposits of $200 into an account that pays 8% compounded monthly. How many
months will it be until you have $15,000 to buy a car? (Round up to the next higher month if not an integer.)

Solve the Problem. -You Can Afford Monthly Deposits of $200 into an Account