How long before the savings account be sufficient

Reference no: EM13295575

The Pebble Creek High School dodge ball team held a car wash to raise funds for new uniforms that cost $5,000. The car wash earned $4,500. The Pebble Creek coach took the funds and invested them in a savings account that earns .4% per month. How long before the savings account be sufficient to buy the new uniforms?

Reference no: EM13295575

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