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A 25-year mortgage of $122,137.51 at 8.7% interest compounded monthly has a monthly payment of $1000. After how many months will at least 75% of
A 25-year mortgage of $122,137.51 at 8.7% interest compounded monthly has a monthly payment of $1000. After how many months will at least 75% of the monthly payment go toward debt reduction? Starting with month , at least 75% of the payment will go toward the debt reduction
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