Business, 12.11.2020 18:50 ezapata21

You are considering investing in a European bank account that pays a nominal annual rate of 18%, compounded monthly. If you invest $5,000 at the beginning of each month, how many months would it take for your account to grow to $268,000? Round fractional months up. a. 40
b. 36
c. 38
d. 34
e. 44

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