Bubba is saving up money for a down payment on a condominium. He currently has...
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Bubba is saving up money for a down payment on a condominium. He currently has $2535, but knows he can get a loan at a lower interest rate if he can put down $3303. If he invests the $2535 in an account that earns 4.2 % annually, compounded quarterly, how long will it take Bubba to accumulate the $33037 Round your answer to two decimal places. If necessary.
Bubba is saving up money for a down payment on a condominium. He currently has $2535, but knows he can get a loan at a lower interest rate if he can put down $3303. If he invests the $2535 in an account that earns 4.2 % annually, compounded quarterly, how long will it take Bubba to accumulate the $33037 Round your answer to two decimal places. If necessary.
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