Question: Damon is saving up money for a down payment on a car. He currently has $4430, but knows he can get a loan at a

 Damon is saving up money for a down payment on a

car. He currently has $4430, but knows he can get a loan

Damon is saving up money for a down payment on a car. He currently has $4430, but knows he can get a loan at a lower interest rate if he can put down $5339. If he invests the $4430 in an account that earns 5.2 % annually, compounded monthly, how long will it take Damon to accumulate the $5339? Round your answer to two decimal places, if necessary. AnswerHow to enter your answer (opens in new window) 2 Points Keypad Keyboard Shortcuts years

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