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please help me with this qn asap. please use financial calculator method James settled into new job, financial security, decided to buy house, secure mortgage
please help me with this qn asap. please use financial calculator method
James settled into new job, financial security, decided to buy house, secure mortgage for $350,000 at 3.85% compounded semi annually. Mortgage contract requires monthly payments for 25 years Amortization Period. How much will the amortization period be shortened if James increase payments by 10% at the beginning of 4 year Step by Step Solution
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