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K A pottery factory purchases a continuous belt conveyor kiln for $46,000. A 6.8% APR loan with monthly payments is taken out to purchase
K A pottery factory purchases a continuous belt conveyor kiln for $46,000. A 6.8% APR loan with monthly payments is taken out to purchase the kiln. If the monthly payments are $425.25, over what term is this loan being paid? OA. 13 years OB. 15 years OC. 14 years OD. 12 years
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