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You are considering investing in a bank account that pays a nominal annual rate of 4%, compounded monthly. If you invest $5,000 at the end

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You are considering investing in a bank account that pays a nominal annual rate of 4%, compounded monthly. If you invest $5,000 at the end of each month, how many months will it take for your account to grow to $310,000? RECORD YOUR ANSWER TO THE NEAREST MONTH IN ORDER TO RECEIVE CREDIT FOR THE CORRECT ANSWER YOU MUST SHOW YOUR N PV PMT FV BELOW

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