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If an outstanding balance owing of $21,000 was paid early with $13,000, how early was the loan re-paid (in months) if money is worth 6.5%
If an outstanding balance owing of $21,000 was paid early with $13,000, how early was the loan re-paid (in months) if money is worth 6.5% compounded quarterly? Provide your final answer with six (6) decimal places
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