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You took out some student loans in college and now owe $5,000. You consolidated the loans into one amortizing loan, which has an annual

You took out some student loans in college and now owe $5,000. You consolidated the loans into one amortizing loan, which has an annual interest rate of 5% (AIR), compounded monthly. Part 1 Attempt 1/10 for 10 pts. If you make monthly payments of $200, how many months will it take to pay off the loan? Fractional values are acceptable. 1+ decimals Submit

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