Question: A $ 5 , 0 0 0 loan at 9 . 9 % compounded monthly was settled by a single payment of $ 6 ,
A $ loan at compounded monthly was settled by a single payment of $ including accrued interest. How long after the initial loan was the $ payment made? For the purpose of determining the number of days in a partial month, assume that a full month has days. Do not round intermediate calculations. Round your answer to the nearest day.
year
months
days
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