Question
You're prepared to make monthly payments of $360, 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 $360, 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 $21,311? Do not use excel code. |
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The Handbook Of Mortgage Backed Securities
Authors: Frank Fabozzi
6th Edition
0071460748, 978-0071460743
