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What is the term of a mortgage of $235000.00 repaid by monthly payments of $2475.00 if interest is 7.55% p.a. compounded monthly? Choose one of
What is the term of a mortgage of $235000.00 repaid by monthly payments of $2475.00 if interest is 7.55% p.a. compounded monthly? Choose one of the following options.
a)149 months b) 145 months c)198 months d) 147 months e) 136 months f) 178 months g) 157 months h) 165 mobths i) 188 months j) 142 months k) 168 months l) 182 months m)161 months
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