Mathematics, 02.12.2019 01:31, pc103919

You decide to put $150 in a savings account to save for a $3,000 down payment on a new car. if the account has an interest rate of 2.5% per year and is compounded monthly, how long does it take you to earn $3,000 without depositing any additional funds? a. 10.1101 years /b. 119.954 years / c. 121.321 years /d. 134.34 years

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You decide to put $150 in a savings account to save for a $3,000 down payment on a new car. if the a...