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How long will it take a $11,080 loan to accumulate interest of $1,000 if money earns 2.53% compounded semi-annually? Refer to the ?s in the
How long will it take a $11,080 loan to accumulate interest of $1,000 if money earns 2.53% compounded semi-annually? Refer to the "?"s in the table and considering inflows and outflows of cash, enter the appropriate values in the blanks below. Express the term in years and months, rounding up to the nearest month
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