Question: A couple needs $45,000 as a down payment for a home. If they invest the $30,000 they have at 4% compounded quarterly, how long
A couple needs $45,000 as a down payment for a home. If they invest the $30,000 they have at 4% compounded quarterly, how long will it take for the money to grow to $45,000? (Round your answer to the nearest whole number.)
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