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please help! (b) Gerry meets the goal and makes a 20% down-payment on a house that costs $650,000. Gerry takes out a loan for the
please help!
(b) Gerry meets the goal and makes a 20% down-payment on a house that costs $650,000. Gerry takes out a loan for the rest of the cost of the house. The loan charges 3% interest compounded monthly amortized over some period of time. Gerry's monthly mortgage payments are $2883.91. Over how many years is Gerry's loan amortized Step by Step Solution
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