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dont understand in excel (Annuity number of periods) How long will it take to pay off a loan of $47.000 at an annual rate of
dont understand in excel 
(Annuity number of periods) How long will it take to pay off a loan of $47.000 at an annual rate of 11 percent compounded monthly if you make monthly payments of $750? Use five decimal places for the monthly percentage rate in your calculations. The number of years it takes to pay off the loan is years. (Round to one decimal place.)
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Finance And Industrial Policy
Authors: Giovanni Cozzi, Susan Newman, Jan Toporowski
1st Edition
0198744501, 978-0198744504
