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How long will it take to pay off a loan of $40,000 at an annual rate of 11% compounded monthly if you make monthly payments
How long will it take to pay off a loan of $40,000 at an annual rate of 11% compounded monthly if you make monthly payments of 5450 ? Use five decimal plac monthly percentage rate in your calculations. 10.0 Years 22.3 Years 200 Years 15.4 Yeare
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