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a car loan of 25,293.25 is to be repaid with end-of-month payments of 554.68. If interest is 7% compounded monthly how long is the term
a car loan of 25,293.25 is to be repaid with end-of-month payments of 554.68. 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)
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