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You have $26,374,68 saved to pay for a 4 year university degree which will cost $150,000. You will need to take out a student loan

You have $26,374,68 saved to pay for a 4 year university degree which will cost $150,000. You will need to take out a student loan at 4.5% compounded monthly to cover the shortfall. You invest 12.5% of your household income ($500 per month) to paying off the loan. How many years will You need to repay the loan in full?

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