Question: 14. 0-1 points WaneFMAC6 2.3.055 My Notes Ask Your Te You wish to accumulate $100,000 through monthly payments of $900. If you can earn interest

14. 0-1 points WaneFMAC6 2.3.055 My Notes Ask Your Te You wish to accumulate $100,000 through monthly payments of $900. If you can earn interest at an annual rate of 4% compounded monthly, how long (to the nearest year) will it take to accomplish your goal? yr Need Help Read It | Talk to a Tu 15. -11 points WaneFMAC6 2.3.057 My Notes: Ask Your Tea You have a $1,000 credit card debt, and you plan to pay it off through monthly payments of $25. If you are being charged 159% interest per year, how long (to the nearest 0.5 years) will it take you to repay your debt? yr Need Help? Lenten -ktoTutor

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