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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 8 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 8 percent annual interest (APR), compounded monthly. Required: How many payments will you have made when your account balance reaches $20,720? (Do not round your intermediate calculations.) Multiple Choice O 51.3 24.37 O 62.7 4.92 O 57 O
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