Question: You have just borrowed $ 3 0 , 0 0 0 from the Satisfaction Auto Corp. to purchase a new car. You will be making

You have just borrowed $30,000 from the Satisfaction Auto Corp. to purchase a new car. You will be making monthly payments
of $750. Your interest rate is 9 percent compounded monthly. How many months will it take you to pay off the loan?
Multiple Choice
You have just borrowed $30,000 from the Satisfaction Auto Corp. to

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