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If you need to borrow $ 7 9 , 0 0 0 for tuition, and repay $ 7 6 1 each month ( beginning next
If you need to borrow $ for tuition, and repay $ each month beginning next month how many months would you have to make payments if the prevailing interest rate is per annum?
Please calculate accurately and round the answer to four decimal places. Thank you.
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