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Jean inherited $27,000, where the terms of the inheritance state that she is to receive $320 at the end of each month, starting in two
Jean inherited $27,000, where the terms of the inheritance state that she is to receive $320 at the end of each month, starting in two years, until the money is completely withdrawn. If the money is placed in a savings account earning 7.5% compounded annually, how long will the inheritance last? State your answer in years and months (from 0 to 11 months).
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The inheritance last will last ( ) year(s) and ( ) month(s).
(Type whole numbers.)
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