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A pottery factory purchases a continuous belt conveyor kiln for $60,000. A 5.2% APR monthly compound loan is taken out to purchase the kiln If

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A pottery factory purchases a continuous belt conveyor kiln for $60,000. A 5.2% APR monthly compound loan is taken out to purchase the kiln If the monthly payments are $577, over what term is this loan being paid? monthly payments (Round your answer to the nearest whole number.)

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