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3. Your business has decided to go for a loan worth 170,000 at a rate of 12% compounded annually and pay in total 230,000 at

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3. Your business has decided to go for a loan worth 170,000 at a rate of 12% compounded annually and pay in total 230,000 at the end of the loan terms. How many years would it take your business to pay back the loan

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