Suppose you borrow $2,000 today and expect to pay $150 at the end of each year. If
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Suppose you borrow $2,000 today and expect to pay $150 at the end of each year. If the interest rate is 6%, how long will it take to pay off the $2,000 loan?
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Related Book For 
Foundations And Applications Of The Time Value Of Money
ISBN: 9780470407363
1st Edition
Authors: Pamela Peterson Drake, Frank J. Fabozzi
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