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question 4 Megan wants to accumulate $ 3 4 , 0 0 0 in a fund with payments of $ 2 , 0 0 0

question4 Megan wants to accumulate $34,000 in a fund with payments of $2,000 made at the end of every month. The interest rate is 5.33% compounded monthly.
a. How many payments (rounded up to the next payment) will it take to accumulate this amount?
23 payments
13 payments
16 payments
17 payments
b. How long will it take to accumulate this amount?
3 years and 5 months
4 years and 3 months
4 years and 5 months
1 years and 5 months

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