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Business, 18.02.2020 16:31 alyssadgonzalez

You just received a loan offer from Mako Loans. The company is offering you $8,000 at 6.25 percent interest. The monthly payment is only $200. If you accept this offer, how long will it take you to pay off the loan? a) 4.3 years b) 5.26 years . c) 3.75 years d) 6.05 years e) 4.099 years

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