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19. Chapter MC, Section .04, Problem 163.Algo You are considering investing in a European bank account that pays a nominal annual rate of 18%, compounded

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19. Chapter MC, Section .04, Problem 163.Algo You are considering investing in a European bank account that pays a nominal annual rate of 18%, compounded monthly. If you invest $5,000 at the beginning of each month, how many months would it take for your account to grow to $209,000? Round fractional months up. Select the correct answer. Ca. 32 Ob. 34 Oc. 33 Od. 35 Oe. 31

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