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In: Finance

a pottery factory purchases a continuous belt conveyor kiln for $64,000. a 6.6% apr loan with...

a pottery factory purchases a continuous belt conveyor kiln for $64,000. a 6.6% apr loan with monthly payments is taken out to purchase the kiln. if monthly payments are $584.65, over what term is the loan being paid?
a. 14 years
b. 15 years
c. 12 years
d. 13 years

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