How long will the inheritance? last

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Problem 1: Jean inherited ?$17,000?, where the terms of the inheritance state that she is to receive ?$260 at the end of each month?, starting in two ?years, until the money is completely withdrawn. If the money is placed in a savings account earning 10.5?% compounded annually?, how long will the inheritance? last? State your answer in years and months? (from 0 to 11? months).

Reference no: EM132940668

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