How long to the nearest month will it take you to have the, Financial Management

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How long to the nearest month will it take you to have the

You have decided to start saving for your daughter’s wedding, which you estimate will cost about $20,000. You will start making $300 monthly payments exactly one month from today into an account earning a 4% annual rate of return. How long (to the nearest month) will it take you to have the money for the wedding?

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Financial Management: How long to the nearest month will it take you to have the

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Financial Management: How long to the nearest month will it take you to have the

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