Kira needs $4500 for a future project. She can invest $2500 now at an annual rate...

 

Transcribed Image Text:

Kira needs $4500 for a future project. She can invest $2500 now at an annual rate of 9%, compounded monthly. Assuming that no withdrawals are made, how long will it take for her to have enough money for her project? Do not round any intermediate computations, and round your answer to the nearest hundredth. If necessary, refer to the list of financial formulas. years ? Kira needs $4500 for a future project. She can invest $2500 now at an annual rate of 9%, compounded monthly. Assuming that no withdrawals are made, how long will it take for her to have enough money for her project? Do not round any intermediate computations, and round your answer to the nearest hundredth. If necessary, refer to the list of financial formulas. years ?