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2 () 4 If you borrowed $5,000 with an interest rate of 5% compounded annually, and $500 annuity payments The time you need to pay

2 () 4 If you borrowed $5,000 with an interest rate of 5% compounded annually, and $500 annuity payments The time you need to pay off this debt will be ...... years years 14.2 years 13.2 years 16.2 years 15.2

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