You have researched your dream around-the-world vacation and determined that the total cost of the vacation will be $44,000. You feel you can earn an APR of 10.3 percent compounded monthly and plan to save $560 per month until you reach your goal. How many years will it be until you reach your goal and enjoy your well-deserved vacation? Multiple Choice O 5.74 years 5.03 years 5.26 years 6.55 years 4.64 years

You hove researched your dream around-the-world vacation and determined that the total cost of the vacotion will be $44.000. You feel you can earn an APR of 10.3 percent compounded monthly and plan to save $560 per month until you reach your goal. How many years will it be until you reach your poal and enjoy your well-deserved vocotion? Miatiple Choice 5.74 years 5.03 years 5.26 years 655 years 464 years