Question: Question 7 2 pts A loan is being amortized by means of level monthly payments at an annual effective interest rate of 6%. The amount

Question 7 2 pts A loan is being amortized by means

Question 7 2 pts A loan is being amortized by means of level monthly payments at an annual effective interest rate of 6%. The amount of principal repaid in payment number 21 is 1,200 and the amount of principal repaid in payment t is 2,486.02. Calculate t. [6.a #09] O 166 O 156 O 150 O 161 O 171

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