Question: A $4100 loan at 7.2% compounded monthly was settled by a single payment of $5100 including accrued interest. How long after the initial loan was
A $4100 loan at 7.2% compounded monthly was settled by a single payment of $5100 including accrued interest. How long after the initial loan was the $5100 payment made? For the purpose of determining the number of days in a partial month, assume that a full month has 30 days. (Do not round intermediate calculations. Round your answer to the nearest day.) years month days
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