Question: Use your answer and the loan information from Exercise 8 to determine what effect a $50 decrease in Louis' monthly payment would have on the

Use your answer and the loan information from Exercise 8 to determine what effect a $50 decrease in Louis' monthly payment would have on the length of his loan.
In exercise 8
Louis wants to take out a $14,000 loan with a 6.8% APR. He can afford to pay no more than $400 per month for loan payments. What would be the length of his loan? Round to the nearest tenth of a year.

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