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Suppose $155 is deposited at the end of every year into an account earning 3.7% per annum compounded monthly. If the balance in the account

image text in transcribed Suppose $155 is deposited at the end of every year into an account earning 3.7% per annum compounded monthly. If the balance in the account is to be $18,300, how many deposits are needed? The number of deposits needed is

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