Please adhere to the rounding instructions(in red) for
calculations and final answer. If the answer is not exact, it will
be incorrect. Thanks!
Answer is 5.9 years
We need to find the number of period =NPER
Rate=1.06
PMT =269
PV=-14745
FV=0
=NPER(1.06%,296,-14745,0)/12
NPER=5.9 Years
Please adhere to the rounding instructions(in red) for calculations and final answer. If the answer is...
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