Question
Youre prepared to make monthly payments of $270, beginning at the end of this month, into an account that pays 6.8 percent interest compounded monthly.
| Youre prepared to make monthly payments of $270, beginning at the end of this month, into an account that pays 6.8 percent interest compounded monthly. |
| How many payments will you have made when your account balance reaches $18,000? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
