Louis wants to take out a $14,000 loan with a 6.8% APR. He can afford to pay

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Louis wants to take out a $14,000 loan with a 6.8% APR. He can afford to pay no more than $400 per month for loan payments. What would be the length of his loan? Round to the nearest tenth of a year.

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Question Posted: Apr 14, 2016 04:45 AM

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Louis wants to take out a $14,000 loan with a 6.8% APR. He can afford to pay

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Use the loan length formula ...View the full answer

Financial Algebra advanced algebra with financial applications

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