Find an Online Tutor Now

Sean M.

asked • 10/20/20

You can afford monthly deposits of $190 into an account that pays 3.3% compounded monthly. How long will it be until you have $8,900 to buy a​ boat?

You can afford monthly deposits of $190 into an account that pays 3.3% compounded monthly. How long will it be until you have $8,900 to buy a​ boat?


Type the number of​ months: _________

​(Round to the​ next-higher month if not​ exact.)

1 Expert Answer

By:

Kyle P. answered • 10/20/20

Tutor
New to Wyzant

An Enthusiastic Tutor

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.