(Annuity number of periods)How long will it take to pay off a loan of $51...
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(Annuity number of periods)How long will it take to pay off a loan of $51 comma 000 at an annual rate of 9 percent compounded monthly if you make monthly payments of $700? Use five decimal places for the monthly percentage rate in your calculations. The number of years it takes to pay off the loan is nothing years.(Round to one decimal place.)
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