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Kristina took out a bank loan for $60 000 that must be repaid with regular monthly payments of $1100. The bank charges her an interest

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Kristina took out a bank loan for $60 000 that must be repaid with regular monthly payments of $1100. The bank charges her an interest rate of 3.0%, compounded monthly. How many payments will Kristina have to make to pay off the bank loan? Select one: O a. 59 O b. 58 OC. 54 O d. 55

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