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You're prepared to make monthly payments of $250, beginning at the end of this month, into an account that pays 8 percent interest compounded monthly.

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You're prepared to make monthly payments of $250, beginning at the end of this month, into an account that pays 8 percent interest compounded monthly. How many payments will you have made when your account balance reaches $50,000? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Number of payments 127.52

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