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A mortgage of $ 2 6 , 2 5 2 . 0 0 is to be repaid by making payments of $ 1 3 6

A mortgage of $26,252.00 is to be repaid by making payments of $1368.00 at the end of each year. If interest is 5% compounded annually, what is the term of the mortgage? State your answer in years and months (from 0 to 11 months).
The term is year(s) and month(s).

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