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You have just opened bank current account in which you plan to deposit $ 1 0 0 a month, at the beginning of every month.

You have just opened bank current account in which you
plan to deposit $100 a month, at the beginning of every
month. The bank will pay 9% interest, with monthly
compounding. Approximately, how long will it take you to
accumulate $20,000 in this account?
A.122 months
B.85 months
C.8 years
D.169 months
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