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Marilyn was supposed to pay $1610 to Bernice on March 17. Some time later Marilyn paid Bernice an equivalent payment of $1672.71, allowing for a
Marilyn was supposed to pay $1610 to Bernice on March 17. Some time later Marilyn paid Bernice an equivalent payment of $1672.71, allowing for a time value of money of 2.7% compounded monthly. When did Marilyn make the payment?
Marylin made the payment____________months later.
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