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Lush Gardens Co. bought a new truck for $62,000. It paid $6,200 of this amount as a down payment and financed the balance at 5.75%
Lush Gardens Co. bought a new truck for $62,000. It paid $6,200 of this amount as a down payment and financed the balance at 5.75% compounded semi-annually. If the company makes payments of $1,800 at the end of every month, how long will it take to settle the loan? o years o months Express the answer in years and months, rounded to the next payment period
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