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mortgage of $ 1 2 7 , 0 0 0 is to be repaid by making payments of $ 1 0 0 7 at the

mortgage of $127,000 is to be repaid by making payments of $1007 at the end of each month. If interest is 5.94% per annum compounded semi-annually, what is the term of the mortgage? State your answer in years and months (from 0 to 11 months).The term of the mortgage isyear(s) and months).QSearchENG USgSubmit

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