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You are considering an investment in a Third World bank account that pays a nominal annual rate of 18%, compounded monthly. If you invest $4,500

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You are considering an investment in a Third World bank account that pays a nominal annual rate of 18%, compounded monthly. If you invest $4,500 at the beginning of each month, how many months would it take for your account to grow to $410,000 ? Round fractional months up. a. 17 months b. 37 months c. 26 months d. 58 months e. 44 months

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