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Jacinta has a $140,000 mortgage at amortized over 25 years. When making her 28th payment, Jacinta decided to double the size of just that one
Jacinta has a $140,000 mortgage at amortized over 25 years. When making her 28th payment, Jacinta decided to double the size of just that one payment. Her 29th payment was back to the regular level. By making that extra large payment, how much interest did Jacinta save on her mortgage? Answer is 19,204.69.
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