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Cathy placed $7000 into a savings account. For how long can $800 be withdrawn from the account at the end of every month starting one
Cathy placed $7000 into a savings account. For how long can $800 be withdrawn from the account at the end of every month starting one month from now if interest is 4.65% compounded monthly? The $800 can be withdrawn for months. (Round down to the nearest month.)
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