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If i loaned somebody forty thousand dollars they pay me back 500 dollars a month how long will it take them to pay me back?
Updated: 8/21/2019
Wiki User
∙ 6y agoBest Answer
Eighty months. That's six years, eight months and that's just the principal.
Wiki User
∙ 6y agoThis answer is:
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Wiki User
∙ 6y agoIt will take 80 months, unless you charge interest.
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