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You have just received an offer in the mail from Friendly Loans. The company is offering to loan you $ 5 , 5 0 0
You have just received an offer in the mail from Friendly Loans. The company is offering to loan you $ with low payments of $ per month. If the interest rate on the loan is an APR of percent compounded monthly, how long will it take for you to pay off the loan?
Multiple Choice
months
months
months
months
months
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