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You borrowed $100,000 and you wish to repay the loan by paying $10,000 a year. How many years will it take you to repay the

You borrowed $100,000 and you wish to repay the loan by paying $10,000 a year. How many years will it take you to repay the loan if the annual interest rate is 8%? How does your answer change if the annual interest rate is 10%? Find the answer without using Excel

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