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You have borrowed $100,000 in student loans at 4%. You plan to pay the bank $1,000 per month. Approximately, how long with it take to

You have borrowed $100,000 in student loans at 4%. You plan to pay the bank $1,000 per month. Approximately, how long with it take to repay the loan?

	A.	5.00 years
	B.	7.50 years
	C.	8.33 years
	D.	10.15 years
	E.	12.18 years

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