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A 6.2-acre parcel of land is being offered for $49 900. Stanley pays $200 down and finances the rest at 5.95%/a compounded monthly. If he
A 6.2-acre parcel of land is being offered for $49 900. Stanley pays $200 down and finances the rest at 5.95%/a compounded monthly. If he pays $350 every month, how long will it take him to pay off the loan?
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