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You would like to save by making monthly deposits of $152.5 at an interest of 2.4% p.a. compounded monthly. You want to find out how

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You would like to save by making monthly deposits of $152.5 at an interest of 2.4% p.a. compounded monthly. You want to find out how many monthly payments you need to contribute in order to grow your account to $7,669. Answer the following questions, and choose the closest answer from the possible choices: This question is an example of ____ (Choose from Ordinary Simple Annuities or Ordinary General Annuities) Choose... Choose... Which TVM variable in the financial calculator should be set equal to zero when solving for the number of payments? What is the value of I/Y that you enter into the financial calculator? Choose... Choose... How many monthly payments would it require for your account to grow to $7,669? How many years would it require for your account to grow to $7,669? Choose

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