Question: Problem 4: (10 points) How long does it take to pay off a loan of 3,600 QAR (received today) when making equal payments of 1,000

 Problem 4: (10 points) How long does it take to pay

Problem 4: (10 points) How long does it take to pay off a loan of 3,600 QAR (received today) when making equal payments of 1,000 QAR annually starting 3 years from today? Assume the interest is 10%

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