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You're prepared to make monthly payments of $300, beginning at the end of this month, into an account that pays 11 percent annual interest (APR),

You're prepared to make monthly payments of $300, beginning at the end of this month, into an account that pays 11 percent annual interest (APR), compounded monthly. How many payments will you have made when your account balance reaches $19,872?

57.2

4.55

46.8

20.26

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