Yoursquore prepared to make monthly payments of 195


You’re prepared to make monthly payments of $195, beginning at the end of this month, into an account that pays 8 percent interest compounded monthly. Required: How many payments will you have made when your account balance reaches $54,000? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Yoursquore prepared to make monthly payments of 195
Reference No:- TGS01367007

Expected delivery within 24 Hours