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Suppose $174 is deposited at the end of every three months into an account earning 11.1% per annum compounded annually. If the balance in the

image text in transcribed Suppose $174 is deposited at the end of every three months into an account earning 11.1% per annum compounded annually. If the balance in the account is to be $18,200, how many deposits are needed? The number of deposits needed is

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