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

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You're prepared to make monthly payments of $250, beginning at the first day 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? 35.87 126.95 127.52 200

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