Asked by Mary

Alonzo plans to retire as soon as he has accumulated $250,000 through quarterly payments of $2,500. If Alonzo invests his money at 5.4% interest, compounded quarterly, when (to the nearest year) can he retire?
Answered by ashley
8943854
Answered by Anonymous
56
Answered by Anonymous
84.787
=85 yrs
There are no AI answers yet. The ability to request AI answers is coming soon!