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Your bank offers you a personal loan of $12,000.00 at an interest rate of 5.2% compounded monthly. At the end of the term, interest of

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Your bank offers you a personal loan of $12,000.00 at an interest rate of 5.2% compounded monthly. At the end of the term, interest of $3,156.07 was charged on the loan. Calculate the term of this loan. years \ months Express the answer in years and months, rounded to the nearest month

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