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Please help answer below question, round to one decimal place.. How long will it take to pay off a loan of exist54,000 at an annual

Please help answer below question, round to one decimal place..

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How long will it take to pay off a loan of exist54,000 at an annual rate of 8 percent compounded monthly if you make monthly payments of exist500? Use five decimal places for the monthly percentage rate in your calculations. The number of years it takes to pay off the loan is years

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