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Aftergraduation, you decide that you can pay $203.24 per month extraon your student loan (standard monthly...

Aftergraduation, you decide that you can pay $203.24 per month extraon your student loan (standard monthly payment is 302.99), which has a balance of $50,000 and 20 years of monthly payments remaining.  The annual interest rate on the loan is 4%  How many yearsearly will you be able to pay off the loan? Please show using excel formulas!!!!!!!

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Hence, Early by 10 years (240-120)

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