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How long will it be before the loan is entirely paid off

Question: You have borrowed $14,300 at an interest rate of 15 percent. You feel that you will be able to make annual payments of $3,000 per year on your loan. (Payments include both principal and interest.)

a. How long will it be before the loan is entirely paid off (to the nearest year)?

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Finance Basics: How long will it be before the loan is entirely paid off

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