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If, in 2019, Cool Cars invested 500,000 towards their sustainability and took out the Sustainability Linked Loan to reduce their annual interest costs to 4.4%,
If, in 2019, Cool Cars invested 500,000 towards their sustainability and took out the Sustainability Linked Loan to reduce their annual interest costs to 4.4%, how many years would it take to recoup this initial investment from the savings made on the annual interest costs compared with their current financing arrangements, assuming the amount of debt remains constant? In your answer, please state the minimum full financial years it will take
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