The time period of the loan if the principal amount is $ 3 , 549 , the annual rate of interest is 9.2 % , and the annual interest amount is $ 979.52 .

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Chapter 11, Problem 15ES

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To calculate: The time period of the loan if the principal amount is $3,549, the annual rate of interest is 9.2%, and the annual interest amount is $979.52.

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