anahunsberger anahunsberger

23-03-2022
Mathematics

contestada

Kelly really wants to buy a car. She needs a down payment of $6000. If
she deposits $4550 now with interest compounding continuously at 5%,
how many years will it take her to save enough to buy the car?

Respuesta :

smusse99 smusse99

23-03-2022

Answer:

6 years

Step-by-step explanation:

4550 x 1.05⁶= 6097.43516484

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