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You borrow $36,500 from a bank at 14% interest compounded monthly and can afford $500 monthly payments. How many months will it take for you
You borrow $36,500 from a bank at 14% interest compounded monthly and can afford $500 monthly payments. How many months will it take for you to pay back the loan in full (rounded)? O 164.5. months O 189.3 months 0 127.5 months O 88.9 months O 97.2 months
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