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- 26. Rebecca is currently working, but is planning to start a college in few years. For this purpose, she would need $20,000. Today she
- 26. Rebecca is currently working, but is planning to start a college in few years. For this purpose, she would need $20,000. Today she can start investing $750 monthly in an investment account that pays 6 percent compounded monthly. How long would it take her to have enough money to start college? a. 28.5 months c. 25.0 months d. 22.6 months e. 30.3 months
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