You are prepared to make monthly payments of $230, beginning at the end of this month, into an account that pays 6.4 p

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You are prepared to make monthly payments of $230, beginning at the end of this month, into an account that pays 6.4 percent interest compounded monthly.

 

 

How many payments will you have made when your account balance reaches $14,000? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

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    You are prepared to make monthly payments of $230, beginning at the end of this month, into an account that pays 6.4 p
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