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Youre prepared to make monthly payments of 350 beginning at

Question: You're prepared to make monthly payments of $350, beginning at the end of this month, into an account that pays 6 percent interest compounded monthly.

Required: How many payments will you have made when your account balance reaches $23,950?

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Finance Basics: Youre prepared to make monthly payments of 350 beginning at

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Finance Basics: Youre prepared to make monthly payments of 350 beginning at

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