Mathematics, 20.09.2019 18:00 minersaysay22

You decide to put $100 in a savings account to save for a $3,000 down payment on a new car. if the account has an interest rate of 2% per year and is compounded monthly, how long does it take you to earn $3,000 without depositing any additional funds?
170.202 years
14.3129 years
171.755 years
168.354 years

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