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7) A debt of $23 900.00 is repaid by making payments of $3617.00 at the beginning of every six months deferred for three years. If

7) A debt of $23 900.00 is repaid by making payments of $3617.00 at the beginning of every six months deferred for three years. If interest is 9.6% compounded monthly, for how long will payments have to be made?

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