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Your mother has $550,000 in her account and he needs to receive monthly payments of $5,000. If she receives the payments at the end of

Your mother has $550,000 in her account and he needs to receive monthly payments of $5,000. If she receives the payments at the end of the month, and the current interest rate is 7 percent, compounded quarterly, how many months will her investment account last for?

120 months

175 months

98 months

206 months

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