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Adam has just retired. The balance in his investment account is $500,000 and he wants to receive monthly payments of $5000. If Adam receives the
Adam has just retired. The balance in his investment account is $500,000 and he wants to receive monthly payments of $5000. If Adam receives the payment at the end of the month, and current interest rate is 7%, compounded quarterly. How many months will his investments account last for (please don't round your answer)
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