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A car loan of $23,419.59 is to be repaid with end-of-month payments of $398.29. If interest is 7% compounded monthly, how long is the term

A car loan of $23,419.59 is to be repaid with end-of-month payments of $398.29. If interest is 7% compounded monthly, how long is the term of the loan? State your answer in years and months (from 0 to 11 months).

It will require ___ year(s) and ___ month(s) to repay the loan.

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