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A pottery factory purchases a continuous belt conveyor kiln for $60,000. A 8.2% APR monthly compound loan is taken out to purchase the kiln. A

A pottery factory purchases a continuous belt conveyor kiln for $60,000. A 8.2% APR monthly compound loan is taken out to purchase the kiln.

A pottery factory purchases a continuous belt conveyor kiln for $60,000. A 8.2% APR monthly compound loan is taken out to purchase the kin. If the monthly payments are $510, over what term is this loan being paid?monthly payments (Round your answer to the nearest whole number.)

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