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If Lee and Kerry simply took out a 15 year P&I for $400,000 at j12 = 6% p.a. and intended to make monthly repayments of

If Lee and Kerry simply took out a 15 year P&I for $400,000 at j12 = 6% p.a. and intended to make monthly repayments of $1900, attempt to determine how long they would take to pay off the loan.

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