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

Last updated: 5/14/2023

Rhoda is saving up money for a down payment on a condominium She currently has 2571 but knows she can get a loan at a lower interest rate if she can put down 3308 If she invests the 2571 in an account that earns 4 9 annually compounded monthly how long will it take Rhoda to accumulate the 3308 Round your answer to two decimal places if necessary AnswerHow to enter your answer opens in new window 2 Points years Keypad Keyboard Shortcuts