Problem 6-40 Calculating the Number of Payments [LO2]

Youre prepared to make monthly payments of $200, beginning at the end of this month, into an account that pays 6.1 percent interest compounded monthly.

How many payments will you have made when your account balance reaches $11,000? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Number of payments