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One of your friends takes a loan of $10,000 from a bank at 16 per cent interest rate. If your friend plans to repay $250

One of your friends takes a loan of $10,000 from a bank at 16 per cent interest rate. If your friend plans to repay $250 per month against this loan amount, in how many years she would be able to repay the loan (and accumulated interest) fully ?

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