Question: Jona is saving up money for a down payment on a townhouse. He currently has $5959, but knows he can get a loan at
Jona is saving up money for a down payment on a townhouse. He currently has $5959, but knows he can get a loan at a lower interest rate if he can put down $6533. If he invests the $5959 in an account that earns 5.5% annually, compounded continuously, how long will it take Jona to accumulate the $6533? Round your answer to two decimal places, if necessary. Kevpad
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