Question: A guy borrows $9700 and wants to repay it $750 every six months with the first payment in 6 months. If the loan terms are

A guy borrows $9700 and wants to repay it $750 every six months with the first payment in 6 months. If the loan terms are 6% APR with semiannual compounding, how many payments will he need to make to pay off the loan?

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