afford monthly deposits of $130 into an account that pays 3.0% compounded monthly. How long will it be until you have $8,100 to buy a​ boat? Type the number of​ months:  ​(Round to the​ next-higher month if not​ exact.)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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You can afford monthly deposits of $130 into an account that pays 3.0% compounded monthly. How long will it be until you have $8,100 to buy a​ boat?
Type the number of​ months: 
​(Round to the​ next-higher month if not​ exact.)
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