Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Join our platform to get reliable answers to your questions from a knowledgeable community of experts. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Rebecca is saving up money for a down payment on a car. She currently has $4005, but knows she can get a loan at a lower interest rate if she can put down $4612. If she invests the $4005 in an account that earns 4. 5% annually, compounded quarterly, how long will it take rebecca to accumulate the $4612? round your answer to two decimal places, if necessary