How long in years is the loan for

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Reference no: EM131623775

Suppose your friend Bill is considering buying a GMC Denali truck. He is going to make monthly payments (at the end of each month) of $1, 097.27 on a loan of $46,000. If the annual percentage rate is 6.8%, how long in years is the loan for?

Reference no: EM131623775

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