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Monthly loan payments are $530. Lender charges .93 percent per month interest (the interest rate is already monthly). Required: If the loan amount is $14,750,

Monthly loan payments are $530. Lender charges .93 percent per month interest (the interest rate is already monthly).

Required:

If the loan amount is $14,750, how many months until the loan is repaid in full? ( Round your answer to 2 decimal places (e.g., 32.16).)

Number of months

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