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Garson ink is about to borrow $286,000 to buy a new machine. It's annual loan payments that is made at the end of each year,
Garson ink is about to borrow $286,000 to buy a new machine. It's annual loan payments that is made at the end of each year, will be 33,000 and it will pay 7.6% interest on the loan. How long will it take Carson to pay off the loan?
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