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years and months (from 0 to 11 months). A mortgage of $122,000 is to be repaid by making payments of $1015 at the end of
years and months (from 0 to 11 months). A mortgage of $122,000 is to be repaid by making payments of $1015 at the end of each month. If interest is 3.02% per annum compounded annually, what is the term of the mortgage? State your answer i The term of the mortgage is year(s) and month(s)
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