Mathematics
Mathematics, 30.05.2020 03:01, nancyrj3860

100 POINTS You and your best friend want to take a vacation to Australia. You have done some research and discovered that it will cost $2500 for the plane tickets, all-inclusive hotel and resort, and souvenirs. You have already saved $2200. If you invest this money in a savings account with a 1.55% interest rate compounded annually, how long will it take to earn enough money to go on the trip? Use the compound interest formula A = P (1 + i)n, where A is the accumulated amount, P is the principal, i is the interest rate per year, and n is the number of years. Round your final answer to the nearest tenth

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100 POINTS You and your best friend want to take a vacation to Australia. You have done some researc...

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