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. fl www.mathxlmmetudentJPlayerHomeworkaspx?homeworkld=454884Esaaquestionld=6fiflushed=1‘alse&oId=4?545?9&oentemln=yes FIN ~320-T2T48-1TEW2-Colllns Homework: 6-1 MyFinanceLab Assignment Score: 0 of 1 pt 4 e of 12 (7 complete] v p H?! Score: 33.33%, 4 of 12 pts IDS-13 (similar to) 55 Question Help fl [Annuity number of periods] HOW long will it take to pay ofi a loan of $53,000 at an annual rate of 11 percent compounded monthly if you make monthly payments of
$600? Use five deoimal places for the monthly percentage rate in your Illoulalions. The number of years it takes to pay ofi the loan is ‘3 years. (Round to one decimal place.)

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