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A pottery factory purchases a continuous belt conveyor kiln for $67,000. A 7.2% APR loan...

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Finance

A pottery factory purchases a continuous belt conveyor kiln for $67,000. A 7.2% APR loan with monthly payments is taken out to purchase the kiln. If the monthly payments are $634.12, over what term is this loan being paid?
A.15 years
B.13 years
C.14 years
D.12 years
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