SOLUTION: Dorren Schmidt pays $91.02 per month to pay back a loan of $1547.34. In how many months will the loan be paid off?

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Question 775283: Dorren Schmidt pays $91.02 per month to pay back a loan of $1547.34. In how many months will the loan be paid off?
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
It will take 1547.34/91.02 = 17 months to pay off the loan.