Question: 4. DETAILS MODULE 5 - PB.23. MY NOTES ASK YOUR TEACHER A pottery factory purchases a continuous belt conveyor kiln for $50,000. A 6.2% APR
4. DETAILS MODULE 5 - PB.23. MY NOTES ASK YOUR TEACHER A pottery factory purchases a continuous belt conveyor kiln for $50,000. A 6.2% APR monthly compounded loan is taken out to purchase the kiln. If the monthly payments are $468, over what term (In years) is this loan being paid? (Round your answer to the nearest Integer.) yr
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