Posted by **Mary** on Monday, May 6, 2013 at 10:09am.

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?

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**ashley**, Monday, October 14, 2013 at 12:10am
8943854

- Math -
**Anonymous**, Thursday, April 9, 2015 at 10:04pm
56

- Math -
**Anonymous**, Tuesday, June 28, 2016 at 3:42am
84.787

=85 yrs

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