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Question 2 Maryam wishes to purchase a restaurant which requires her to take out a loan of $ 20,000 today at 49 compounded quarterly. How

Question 2 Maryam wishes to purchase a restaurant which requires her to take out a loan of $ 20,000 today at 49 compounded quarterly. How many years will it take her to repay an amount of $ 22,536,5? (4 marks)

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