Calculating the Number of Payments youre prepared to make monthly payments of $225, beginning at the end

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Calculating the Number of Payments you’re prepared to make monthly payments of $225, 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 $20,000?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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