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Jason owes $28,000 in student debt at the end of his college career. The loan collects interest at an annual rate of 4.5%, compounded monthly.
Jason owes $28,000 in student debt at the end of his college career. The loan collects interest at an annual rate of 4.5%, compounded monthly. If Jason makes monthly payments of 350, how many payments will it take to completely pay off the loan? Round your answer up to the next largest whole number. Hint: Use the TVM solver to solve this problem.
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