Question: Please show your work as well You plan to save money for a down payment of $42,000 to purchase an apartment. You can only afford

Please show your work as well You plan to save money

Please show your work as well

You plan to save money for a down payment of $42,000 to purchase an apartment. You can only afford to save $1,250 at the end of every quarter into an account that earns interest at 3.04% compounded annually. How long will it take you to save the planned amount? years months Express the answer in years and months, rounded to the next payment period

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