LeVeros monthly payments of $567.89 will pay off his mortgage loan in 4 years and 7 months.

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LeVero’s monthly payments of $567.89 will pay off his mortgage loan in 4 years and 7 months. The interest rate on his mortgage is 6.6% compounded semiannully. What is the current balance on the loan?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:45 AM

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LeVeros monthly payments of $567.89 will pay off his mortgage loan in 4 years and 7 months.

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Business Mathematics In Canada

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