MyMathLab All Assignments MM255 Business Math and Statistical M Homework: Unit 3 Lab MML Graded Practice Score: 0 of 1 pt 7 of 20 (6 complete) 11.1.15 A man needed money for college. He borrowed 57,000 af 16% simple interest per year. If he paid $560 interest, what was the duration of the loan? The duration of the loan is year, (Round to two decimal places as neede - More Enter your answer in the answer box and then click Check Answer All parts showing MyMathLab All Assignments MM255 Business Math and Statistical M Homework: Unit 3 Lab MML Graded Practice Score: 0 of 1 pt 7 of 20 (6 complete) 11.1.15 A man needed money for college. He borrowed 57,000 af 16% simple interest per year. If he paid $560 interest, what was the duration of the loan? The duration of the loan is year, (Round to two decimal places as neede - More Enter your answer in the answer box and then click Check Answer All parts showing