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Your bank offers you an installment loan of $60,000 at an annual 4% interest rate. If you make monthly payments of $1,200 how many months

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Your bank offers you an installment loan of $60,000 at an annual 4% interest rate. If you make monthly payments of $1,200 how many months will it take you to pay off the loan? It will take months to pay off the loan (round answer to nearest integer)

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