A 25-year mortgage of $185,548.61 at 4.2% interest compounded monthly has monthly payments of $1000. After how
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A 25-year mortgage of $185,548.61 at 4.2% interest compounded monthly has monthly payments of $1000. After how many months will at least 75% of the monthly payment go toward debt reduction?
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Related Book For
Finite Mathematics And Its Applications
ISBN: 9780137616619
13th Edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel , Jill Simmons
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