You can afford monthly deposits of 140 into an account that pays 3.8% compounded monthly. how long will be untl you have $11.300 to buy a boat? type the number of months: (round to the next higher month it not exact question he check answer enter your answer in the answer box and then click check answer all parts showing

72 months approx.

Step-by-step explanation:

Monthly deposit = m = $140

r = 3.8% or 0.038

Amount needed in the account = A = $11300

The formula will be :

m=log1.2555/log1.003166

m =71.98 ≈ 72

Hence, it will take 72 months approx.

where is the graph

step-by-step explanation:

yeah i know the problem you need. i am taking it right now. the answer is step 3

~mickey