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Jeremy and Bill each have $55524 to invest in a retirement account whose annual rate is 2.8% with monthly compounding. Jeremy invests his money all

Jeremy and Bill each have $55524 to invest in a retirement account whose annual rate is 2.8% with monthly compounding.

Jeremy invests his money all at once, whereas Bill decides to make 182 monthly deposits (of the same amount). How many months will Jeremy need to wait in order to have the same amount that Bill will have immediately after his last deposit?

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