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A pottery factory purchases a continuous belt conveyor kiln for $53,000. A 4.7% APR monthly compound loan is taken out to purchase the kiln.If the
A pottery factory purchases a continuous belt conveyor kiln for $53,000. A 4.7% APR monthly compound loan is taken out to purchase the kiln.If the monthly payments are $450, over what term is this loan being paid? how many monthly payments
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