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When Gustave and Serrano bought their home, they had a 5. loan with monthly payments of $870.60 for 30 years. After making 78 monthly payments,

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When Gustave and Serrano bought their home, they had a 5. loan with monthly payments of $870.60 for 30 years. After making 78 monthly payments, they plan to refinance for an amount that includes an additional $35,000 to remodel their kitchen. They can refinance at 4.0 compounded monthly for 25 years with refinancing costs of $625 included with the amount refinanced (a) What is the length of the original loan term, in months? month What is the poolt amount for their original loan after making the 78 monthly payments (Round your answer to the nearest cent) What is the total cost of their remodel and refinancing for? (Round your answer to the nearest cont.) Find the amount refinanced (Round your answer to the nearest cont.) 5102019.81 x (6) Find their new monthly payment. (Round your answer to the nearest ent 5 (c) How long wil it take to pay off this new loan if they pay $1,200 each month? (Round your answer up to the next whole number payments

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