Question: What is the formula for this question and how do I break it down? Claude wants to borrow $ 2 5 , 0 0 0

What is the formula for this question and how do I break it down?
Claude wants to borrow $25,000 to purchase a car. After looking at his monthly budget, he realizes that all he can afford to pay per month is $300. The bank is offering a 5.9% loan. What would need to be the length of his loan be so that he can
stay within his budget?

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