Question
Youre prepared to make monthly payments of $260, beginning at the end of this month, into an account that pays 6.7 percent interest compounded monthly.
| Youre prepared to make monthly payments of $260, beginning at the end of this month, into an account that pays 6.7 percent interest compounded monthly. |
| How many payments will you have made when your account balance reaches $17,000?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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Personal Finance
Authors: Jeff Madura
7th Edition
0134989961, 978-0134989969
