Question: please show work and relevant formulas How long will it take to accumulate $24,000 if annual payments of $1,200 are made continuously into a fund
please show work and relevant formulas
How long will it take to accumulate $24,000 if annual payments of $1,200 are made continuously into a fund that earns an annual effective rate of interest of 8%? Round your answer to two decimal places. years Enter a number Submit
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