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How long will it take to pay off a debt of $40,000 if you make payments of $400 at the end of each month? Assume

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How long will it take to pay off a debt of $40,000 if you make payments of $400 at the end of each month? Assume that the debt charges interest at a semi-annual rate of j2=7.20%? Express your answer in years rounded to 2 decimal places. Your

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