Question: 13. Problem 4-25 (Repaying a Loan) cbook Repaying a loan While Mary Corens was a student at the University of Tennessee, she borrowed 513,000 in
13. Problem 4-25 (Repaying a Loan) cbook Repaying a loan While Mary Corens was a student at the University of Tennessee, she borrowed 513,000 in student loans at an annual interest rate of 7%. If Mary repays $1,500 per year, then how long to the nearest yeat) will it take her to repay the loan? Do not round Intermediate calculations, Round your answer to the nearest whole number Year(s)
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