Question 10 • Personal Finance
The balance drops by $3,281.88 each year: $19,691.28 − $16,409.40 = $3,281.88, and the same reduction continues in the table. After the first 3 years, Inga owes $9,845.64. Dividing that remaining balance by $3,281.88 per year gives 3 more years, so the answer is 3 years.
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