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7. value: 7.00 points How much longer will it take to pay off a $190,000 loan with monthly payments of $1900 than with monthly payments
7. value: 7.00 points How much longer will it take to pay off a $190,000 loan with monthly payments of $1900 than with monthly payments of $2000? The interest rate on the loan is 11.50% compounded monthly. (Do not round intermediate calculations and round up the number of payments, n, to the next whole number.) Difference years and month(s) Check my work
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