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You have taken a loan of $196,000 CAD. The nominal annual rate of interest compounded monthly on this loan is 7.02%. You can afford to

You have taken a loan of $196,000 CAD. The nominal annual rate of interest compounded monthly on this loan is 7.02%. You can afford to pay monthly $ 1490.58 CAD. How many months it will take you to repay the loan? Your answer will be an integer value that includes the last monthly payment, which will be smaller than the rest.

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