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Monthly payments were originally calculated to repay a $29,000 loan at 6.4% compounded monthly over a 10-year period. After one year, the debtor took advantage

Monthly payments were originally calculated to repay a $29,000 loan at 6.4% compounded monthly over a 10-year period. After one year, the debtor took advantage of an option in the loan contract to increase the loan payments by 11%. How much sooner will the loan be paid off

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