You are considering investing in a bank account that pays a nominal annual rate of 7%, compounded monthly. If you invest

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answerhappygod
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You are considering investing in a bank account that pays a nominal annual rate of 7%, compounded monthly. If you invest

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You are considering investing in a bank account that pays anominal annual rate of 7%, compounded monthly. If you invest $3,000at the end of each month, how many months will it take for youraccount to grow to $210,000? Note that if the final answer is not awhole number, be sure to round it up to the nearest wholenumber.
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