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A pottery factory purchases a continuous belt conveyor kiln for $58,000 A6 4% APR loan with monthly payments is taken out to purchase the kiln

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A pottery factory purchases a continuous belt conveyor kiln for $58,000 A6 4% APR loan with monthly payments is taken out to purchase the kiln If the monthly payments are $502 05 over what term is this loan being paid? OA 15 years OB. 13 years OG 16 years OD 14 years

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