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You are given a future value of an annuity, A, the monthly payment, R, and the interest rate, r. Find the number of monthly payments,
You are given a future value of an annuity, A, the monthly payment, R, and the interest rate, r. Find the number of monthly payments, n, round your answer to the nearest whole answer.
A= $4,500 ; R= $50 ; r= 6%
A: 79 months
B: 78 months
C: 74 months
D: 77 months
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