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Holden borrows $127,695 from a financial institution with equal endof-year payments of $22,600. If the annual interest rate is 12%, how long will it take
Holden borrows $127,695 from a financial institution with equal endof-year payments of $22,600. If the annual interest rate is 12%, how long will it take for him to pay the loan and its interest back? 10 years 15 years 25 years 20 years
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