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Youre prepared to make monthly payments of $290, beginning at the end of this month, into an account that pays 7 percent interest compounded monthly.
Youre prepared to make monthly payments of $290, beginning at the end of this month, into an account that pays 7 percent interest compounded monthly.
How many payments will you have made when your account balance reaches $20,000? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
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