Mathematics, 26.04.2020 00:51 blackkiki5588

Alfred is saving up money for a down payment on a house. He currently has $3632, but knows he can get a loan at a lower interest rate if he can put down $4203. If he invests the $3632 in an account that earns 5.5% annually, compounded continuously, how long will it take Alfred to accumulate the $4203? Round your answer to two decimal places, if necessary.

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Alfred is saving up money for a down payment on a house. He currently has $3632, but knows he can ge...

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