Question: Use a financial calculator to answer and put down inputs: A client seeking liquidity sets aside 35,000 in a bank account today. The account pays

Use a financial calculator to answer and put down inputs:

A client seeking liquidity sets aside 35,000 in a bank account today. The account pays 5 percent compounded monthly. Because the client is concerned about the fact that deposit insurance covers the account for only up to 100,000, calculate how many months it will take to reach that amount.

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