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You're prepared to make monthly payments of $320, beginning at the end of this month, into an account that pays 7 percent interest compounded monthly.
You're prepared to make monthly payments of $320, beginning at the end of this month, into an account that pays 7 percent interest compounded monthly. Required: How many payments will you have made when your account balance reaches $19,374? (Do not round your intermediate calculations. a)4.47 b)52 c)24.48 D)46.8 E)57.2
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