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P6-40 Calculating the Number of Payments (L02] You're prepared to make monthly payments of $320, beginning at the end of this month, into an account
P6-40 Calculating the Number of Payments (L02] You're prepared to make monthly payments of $320, beginning at the end of this month, into an account that pays 6 percent interest compounded monthly. Required: How many payments will you have made when your account balance reaches $18,126? (Do not round your intermediate calculations.) Multiple Choice 45 . 55 25.42 4.28 50
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