Question: Bob borrows $ 8 7 , 2 3 9 from the bank. Bob is required to pay 7 % interest compounded annually. Bob is required

Bob borrows $87,239 from the bank. Bob is required to pay 7% interest compounded annually. Bob is required to make payments of $12,006 every year. How many years will it take Bob to pay off the loan?
Bob borrows $87,239 from the bank. Bob is required to pay

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