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You purchase an annuity with an initial investment of $60000 which promises payments at the beginning of each month of $1800, accumulating interest at 5.7%
You purchase an annuity with an initial investment of $60000 which promises payments at the beginning of each month of $1800, accumulating interest at 5.7% compound annually. How many months will this annuity last for? (Remember to round your answer up to the nearest month)
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