Answered

Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Your decide to put $2,000 in a savings account to save for a $3,000 down payment on a new car. If the account has an interest rate of 4% per year and is compounded monthly, how long does it take until you have $3,000 without depositing any additional funds?

Sagot :

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.