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8. Esteban borrows $20,000, and the loan is governed by compound interest at an annual effective interest rate of 6%. Esteban agrees to repay the

8. Esteban borrows $20,000, and the loan is governed by compound interest at an annual effective interest rate of 6%. Esteban agrees to repay the loan by making a payment of $10,000 at the end of T years and a payment of $12,000 at the end of 27 years. Find T

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