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You are making $500 payments per month to acquire an asset. If the asset is worth $30,000 at the end of the purchase process, and

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You are making $500 payments per month to acquire an asset. If the asset is worth $30,000 at the end of the purchase process, and you are paying at 6.25%, how long will it take for you to fully pay for the asset? 44.35 months 40.35 months 48.35 months 52.35 months

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