The Art Gallery is notoriously known as a slowpayer. The firm currently needs to borrow $25,000 and only one company will loan to them. The terms of the loan call for weekly payments of $500 at a weekly interest rate of .45%. What is the loan term?
A 
42.5 weeks


B 
43.33 weeks


C 
45.00 weeks


D 
50.11 weeks


E 
56.77 weeks

The term of the loan can be found out using the NPER function of excel. It works witht he folo...
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