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Using the annuities formula, find the number of monthly repayments, n, and hence the term of the loan in more meaningful units needed to repay a loan in full with interest (debited monthly) charged at the rate of: 9% p.a., if P = $70,000 and Q = $629.81

 Sep 7, 2021
 #1
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*** editing ***

 Sep 7, 2021
edited by ElectricPavlov  Sep 7, 2021
edited by ElectricPavlov  Sep 7, 2021
 #2
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I THINK this is what you are looking for to answer your Q:

ElectricPavlov  Sep 7, 2021

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