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sam buy a house and takes a 15 year mortgage for 320,000. The annual interest rate is 3.6% and interest is compounded monthly. In order

sam buy a house and takes a 15 year mortgage for 320,000. The annual interest rate is 3.6% and interest is compounded monthly. In order to pay off the loan on time, Sam must pay 2303.37 at the end of each month. If sam pays an additional 300 with each monthly payment, after how may years will the mortgage be paid off?

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