You're prepared to make monthly payments of $310, beginning at the end of this month,...
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Question
Accounting
You're prepared to make monthly payments of $310, 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 $21,757? (Do not round your intermediate calculations.) |
rev: 09_17_2012
Multiple Choice
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53.1
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64.9
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26.27
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5.07
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59
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