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While Mary Corens was a student at the University of Tennessee, she borrowed $12,000 in student loans at an annual interest rate of 9%. If

While Mary Corens was a student at the University of Tennessee, she borrowed $12,000

in student loans at an annual interest rate of 9%. If Mary repays $1,500 per year, then how

long (to the nearest year) will it take her to repay the loan?

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