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John has a 30-year $100,000 mortgage with monthly payments based on a nominal annual 12% interest rate convertible monthly. The first payment is due in

John has a 30-year $100,000 mortgage with monthly payments based on a nominal annual 12% interest rate convertible monthly. The first payment is due in one month. Find such that if John decided to add to each monthly payment (starting with the first payment) the term of the mortgage would be reduced to 25 years.

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