How many payments will you have made when account balance

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Reference no: EM131612967

You’re prepared to make monthly payments of $240, beginning at the end of this month, into an account that pays 9 percent interest compounded monthly.

How many payments will you have made when your account balance reaches $63,000? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Number of payments

Reference no: EM131612967

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