You have borrowed $18,300 at a compound annual interest rate of 14 percent. You feel that you will be able to make annual payments of $3,500 per year on your loan. (Payments include both principal and interest.) How long will it be before the loan is entirely paid off (to the nearest year)?
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Answer:
3,600000
Explanation:
you have to paid monthy 1 year then you find answer
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