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You owe $1,000,000 to a loan shark that is charging you a monthly interest rate of 5.00%. If you can afford to pay $75,000 per
You owe $1,000,000 to a loan shark that is charging you a monthly interest rate of 5.00%. If you can afford to pay $75,000 per month on the loan how many months will it take to pay off your loan?
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