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A loan of $16,525 at 10.8% compounded monthly is to be paid off by equal monthly payments of $650. How long will it take to

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A loan of $16,525 at 10.8% compounded monthly is to be paid off by equal monthly payments of $650. How long will it take to pay off the loan? 36 months 29 months O 32 months O 48 months 26 months

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