Question:

7. Jennifer wants to borrow $20,000. Her bank offers a 7.1%

Last updated: 7/14/2022

7. Jennifer wants to borrow $20,000. Her bank offers a 7.1%

7. Jennifer wants to borrow $20,000. Her bank offers a 7.1% interest rate. She can afford $500 a month for loan payments. What should be the length of her loan to the nearest tenth of a year?