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John has borrowed money from a bank which gives two equal options for returning the money. If option one is paying $1000 at the end

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John has borrowed money from a bank which gives two equal options for returning the money. If option one is paying $1000 at the end of each year for 10 years at annual interest rest of 10%, How long option two would be if he has to pay $1500 at the annual interest rate of 7%( The first payment being made a year from today)

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