You're prepared to make monthly payments of $310, beginning at the end of this month. into an account that pays 7.2...

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Answer 1

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Answer #1

Number of payments have been calculated using the NPER function:-

=NPER(rate,pmt,pv,fv,1)

=NPER(7.2%/12,-310,,22000,1)

=59.00

Answer 2

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