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A mortgage of $ 2 2 , 0 9 6 . 0 0 is to be repaid by making payments of $ 1 4 5

A mortgage of $22,096.00 is to be repaid by making payments of $1457.00 at the end of each month. If interest is 5% compounded monthly, what is the term of the mortgage? State your answer in years and months(from 0 to 11 months)

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