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SHOW THE WORK . While Tom Jones was a student at USC, he borrowed $150,000 in student loans at an annual rate of 3.25 percent.

SHOW THE WORK .

While Tom Jones was a student at USC, he borrowed $150,000 in student loans at an annual

rate of 3.25 percent. If Tom repays $12,000 per year, how long to the nearest year, will it take him to

repay the loan?

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