Question: Repaying a Loan While Mary Corens was a student at the Unlversity of Tennessee, she borrowed $12,000 in student loans at an annual interest rate
Repaying a Loan While Mary Corens was a student at the Unlversity of Tennessee, she borrowed $12,000 in student loans at an annual interest rate of 7%. If Mary repays $1,300 per year, then how long (to the nearest year) will it take her to repay the loan? Do not round intermediate catculations. Round your answer to the nearest whole number year(s)
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