Question: Please provide a detailed solution How long will it take to save $13,500 by making deposits of $115 at the end of every month into

Please provide a detailed solution

How long will it take to save $13,500 by making deposits of $115 at the end of every month into an account earning interest at 8.5% compounded annually? State your answer in years and months (from 0 to 11 months). It will take 7 year(s) and 3 month(s) to save $13,500

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