Question: Linda Baer has already saved $ 6 , 1 3 0 to buy a used vehicle. Ignoring taxes and assuming her money is invested in

Linda Baer has already saved $6,130 to buy a used vehicle. Ignoring taxes and assuming her money is invested in a money market
account earning 4 percent compounded annually, how long will it take to buy a car that costs $8,725?
Linda Baer has already saved $6,130 to buy a used vehicle.

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