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Manvir obtained a loan of $40,000.00 at 5.20% compounded quarterly. How long will it take to settle the loan with payments of $1,600.00 at the
Manvir obtained a loan of $40,000.00 at 5.20% compounded quarterly. How long will it take to settle the loan with payments of $1,600.00 at the end of every 3 months?
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