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A pottery factory purchases a continuous belt conveyor kiln for $54,000. A 8.1% 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 $54,000. A 8.1% APR loan with monthly payments is taken out to purchase the kiln. If the monthly payments are $658.03, over what term is this loan being paid? O A. 11 years B. 10 years O C. 8 years OD. 9 years

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