6. 72 quarterly payments are required to pay off a loan. How many years does this represent? A) 6 B) 12 C) 18 D) 24
6. 72 quarterly payments are required to pay off a loan. How many years does this represent? A) 6 B) 12 C) 18 D) 24
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:6. 72 quarterly payments are required to pay off a loan. How many years does this
represent?
A) 6
B) 12
C) 18
D) 24
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