Question: Show Work: 10. (5 points) Ms. C took a loan of $150,000 at a rate of 7 percent. She can pay equal installments of $25,000

Show Work: 10. (5 points) Ms. C took a loan of $150,000 at a rate of 7 percent. She can pay equal installments of $25,000 at the end of each year. In how many years she can repay the loan if? Required: Calculate the approximate number of years over which she can repay the loan amount. Answer: Show Work

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