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Wally takes out a loan of $150,000 to buy a house at an effective annual rate of interest of 6%. He repays the loan by
Wally takes out a loan of $150,000 to buy a house at an effective annual rate of interest of 6%. He repays the loan by making level annual payments $13,443.13 at the end of each year for n years, using the amortization method.
Find the term n of this loan
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