Question: If you need to borrow $ 7 9 , 0 0 0 for tuition, and repay $ 7 6 1 each month ( beginning next

If you need to borrow $79,000 for tuition, and repay $761 each month (beginning next month), how many months would you have to make payments if the prevailing interest rate is 1.9% per annum?
Please calculate accurately and round the answer to four (4) decimal places. Thank you.

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