Question: How long will it take to pay off a loan of $51,000 at an annual rate of 10% compounded monthly if you make monthly payments
How long will it take to pay off a loan of $51,000 at an annual rate of 10% compounded monthly if you make monthly payments of $600 (round up)?
To pay off the loan, it will take approximately ? years. (Round up to the nearest integer.)
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