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mortgage of $ 1 8 9 , 0 0 0 is to be repaid by making payments of $ 8 4 6 at the end

mortgage of $189,000 is to be repaid by making payments of $846 at the end of each month. If interest is 3.18% per annum compounded 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 is years) and months).

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