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How much do 26 equal monthly payments of $7,000 each, starting from now, add up to? Assume a 18% annual interest rate compounded monthly. a)

How much do 26 equal monthly payments of $7,000 each, starting from now, add up to? Assume a 18% annual interest rate compounded monthly.

a) $127,820

b) $230,906

c) $128,820

d) $129,820

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