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What would be the length of his loan. Round to the nearest tenth of a year.
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What would be the length of his loan.
Round to the nearest tenth of a year. Louis wants to take out a 14000 loan with a 68 APR. However you need to talk to you plan administrator to see if this is possible. He can afford to pay no more than 400 per month for loan payments. In addition there is an unavoidable 10 for early withdrawal if youre under 59 12. What would be the length of his loan.
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