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Question 15 (4 points) Listen Alice borrowed $8,000 from her grandmother to buy a car when she started college. The interest rate being charged is

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Question 15 (4 points) Listen Alice borrowed $8,000 from her grandmother to buy a car when she started college. The interest rate being charged is 4.5% compounded monthly. Alice is to make the first $200 month-end payment three years after the date of the loan. How many payments will be required to pay off the loan? (round up to whole number) N Page 4 of 4 15 Unsaved Next Page Previous Page

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