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You have borrowed $8,900 from a friend. Youve mutually agreed to a repay $260 per month with a monthly interest of 0.275%. How long will

You have borrowed $8,900 from a friend. Youve mutually agreed to a repay $260 per month with a monthly interest of 0.275%. How long will it take for you to pay off your friend?

a. 40 months

b. 34 months

c. 36 months

d. 33 months

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