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2. MacElroy Trucks recently purchased a new rig costing $129,600. They financed this purchase at 7.65 percent interest with monthly payments of $2,844.32. How many

2. MacElroy Trucks recently purchased a new rig costing $129,600. They financed this purchase at 7.65 percent interest with monthly payments of $2,844.32. How many months will it take the firm to pay off this debt?

I know the answer is 54 months but can someone please show me the correct formula to find this in excel. Thanks!

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