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A loan of $1500 is repaid with a check for $1575. If the annual simple interest rate was 7%, what was the time length of

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A loan of $1500 is repaid with a check for $1575. If the annual simple interest rate was 7%, what was the time length of the loan in years? In months? The loan was for years long (round two decimal places) That means the loan was for months (round to the nearest month)

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