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Question 12 [5 points] How long before a scheduled payment of $3,306 will a payment of $2,219 be economically equivalent? Assume money is worth 8%

Question 12 [5 points] How long before a scheduled payment of $3,306 will a payment of $2,219 be economically equivalent? Assume money is worth 8% compounded monthly. Round your answer to the nearest month. Time = 0 years 0 months

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