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Your company has received a $75,000 loan from an industrial finance company. The annual payments are $14,058.30. If the company is paying 10 percent interest
Your company has received a $75,000 loan from an industrial finance company. The annual payments are $14,058.30. If the company is paying 10 percent interest per year, how many loan payments must the company make? Round to the nearest number of years.
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