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You agree to pay Jenny 50,000 for the bribe to get an A in this course. We agree that you will pay me 3,000 every
You agree to pay Jenny 50,000 for the bribe to get an A in this course. We agree that you will pay me 3,000 every 3 months inclusive of principal and interest. interest is calculated at 10% yearly calculated quarterly. How long will it take you to pay off your debt to Jenny?
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