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You have taken an auto loan of $ 6 7 , 0 0 0 from Toyoto. Youre prepared to make monthly payments of $ 5

You have taken an auto loan of $

67, 000

from Toyoto. Youre prepared to make monthly payments of $

580,

starting at the end of this month. How many years will it take to pay off your loan if the car dealer charges

8

percent interest rate?

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