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John takes out a loan of $9600 that charges 8% interest compounded monthly. If John makes $120 monthly payments, determine how long it will
John takes out a loan of $9600 that charges 8% interest compounded monthly. If John makes $120 monthly payments, determine how long it will take him to pay off the loan. Round your answer up. John will pay off the $9600 loan after months.
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Spreadsheet Modeling And Decision Analysis A Practical Introduction To Business Analytics
Authors: Cliff Ragsdale
9th Edition
0357132092, 978-0357132098
