Milan is saving up money for a down payment on a condominium

Last updated: 7/18/2023

Milan is saving up money for a down payment on a condominium She currently has 2525 but knows she can get a loan at a lower interest rate if she can put down 3258 If she invests the 2525 in an account that earns 5 3 annually compounded quarterly how long will it take Milan to accumulate the 3258 Round your answer to two decimal places if necessary