When will I be a millionaire?
Barry monthly send 280 euros to the bank, which he deposits bear interest of 2.1% p. A. Calculate how many months must Barry save to save 1000000 euros? Inflation, interest rate changes, or bank failures are ignored.
Correct answer:
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You need to know the following knowledge to solve this word math problem:
- algebra
- exponential equation
- arithmetic
- division
- basic functions
- percentages
- logarithm
- reason
- numbers
- integers
- real numbers
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