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Youre prepared to make monthly payments of $310, beginning at the end of this month, into an account that pays 9.6 percent interest compounded monthly.
Youre prepared to make monthly payments of $310, beginning at the end of this month, into an account that pays 9.6 percent interest compounded monthly.
How many payments will you have made when your account balance reaches $31,000? (Do not round intermediate calculations. Round the finalanswer to 2 decimal places.)
Number of payments
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