You are considering investing in a bank account that pays a nominal annual rate of...

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You are considering investing in a bank account that pays a nominal annual rate of 7%, compounded monthly. If you invest $3,000 at the end of each month,how many months will it take for your account to grow to $310,000?a. 72.18b. 81.11c. 90.84O d. 93.27Oe. 95.701

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