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( Time allowance: 2 minutes ) Tony wants to deposit at the end of each month into his savings account over 1 0 years to

(

Time allowance:

2

minutes

)

Tony wants to deposit at the end of each month into his savings account over

10

years to reach his vacation goal of $

30, 000 .

He is getting a

12 %

APR on his account. In solving this problem, what is the value to use for n

?

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