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You are preparing to make monthly payments of $100, starting from the end of this month, into an account that pavs 8 percent APR. How
You are preparing to make monthly payments of $100, starting from the
end of this month, into an account that pavs 8 percent APR. How many
payments will you have made when vour account balance reaches $9, 312?
A. 73
B. 90
C. 119
D. 124
E. 131
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The Bank Credit Analysis Handbook
Authors: Jonathan Golin, Philippe Delhaise
2nd Edition
0470821574, 978-0470821572
