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Jill would like to budget $130,000 for buying a house in cash when she has managed to collect the entire amount. She has $7,000 saved
Jill would like to budget $130,000 for buying a house in cash when she has managed to collect the entire amount. She has $7,000 saved till now that she plans to deposit in a 4.5% per year interest bearing account. Further, she has decided to deposit $350 at the end of every month into her account also. Within how many years will she be able to collect the money to buy a house? Group of answer choices 21.0 years 17.8 years 15.7 years 14.3 years
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