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You're prepared to make monthly payments of $380, beginning at the end of this month, into an account that pays 11 percent interest compounded monthly.

You're prepared to make monthly payments of $380, beginning at the end of this month, into an account that pays 11 percent interest compounded monthly. How many payments will you have made when your account balance reaches $27,020? Multiple Choice 4.81 55 49.5 20.86 60.5

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