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Posted on Oct 03, 2024

You just received a loan offer from Friendly Loans. The company is offering you $5,000 at 9.3 percent interest. The monthly payment is only $100.

You just received a loan offer from Friendly Loans. The company is offering you $5,000 at 9.3 percent interest. The monthly payment is only $100. If you accept this offer, how long will it take you to pay off the loan?

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