Question
Youre prepared to make monthly payments of $200, beginning at the end of this month, into an account that pays 6.1 percent interest compounded monthly.
| Youre prepared to make monthly payments of $200, beginning at the end of this month, into an account that pays 6.1 percent interest compounded monthly. |
| How many payments will you have made when your account balance reaches $11,000? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Number of payments |
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Your Money The Missing Manual
Authors: J.D. Roth
1st Edition
0596809409, 978-0596809409
