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your vendor is owed $1,200 and is scheduled to receive $1,270 on a promissory note you signed at a simple interest rate of 7%. approximately

your vendor is owed $1,200 and is scheduled to receive $1,270 on a promissory note you signed at a simple interest rate of 7%. approximately how long will it take to pay off your vendor? .83 months 7 months 2.5 months 10 months

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