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Jeremy and Bill each have $57043 to invest in a retirementaccount whose annual rate is 2.9% with monthly compounding. Jeremy invests his money all at

Jeremy and Bill each have $57043 to invest in a retirementaccount whose annual rate is 2.9% with monthly compounding.

Jeremy invests his money all at once, whereas Bill decides to make 163monthly deposits (of the same amount). How many months will Jeremy need to wait in order to have the same amountthat Bill will haveimmediately afterhislast deposit?

Round your answer to the nearest month.

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