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9-8) The cash price of a small house is $80,000. The owner of the house agrees to sell you the house in return for your

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9-8) The cash price of a small house is $80,000. The owner of the house agrees to sell you the house in return for your promise to 16,000 down and $500 at the end of each month. If money is worth 9% compounded monthly, how long will it take you to pay off the balance and interest

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