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You need to borrow $360,000 to a purchase property, and $2400 per month is the most you can afford. Approximately how long a loan term
You need to borrow $360,000 to a purchase property, and $2400 per month is the most you can afford. Approximately how long a loan term must you get in your mortgage, if the interest rate is 7%? A. 15 years (180 months) B. 20 years (240 months) C. 30 years (360 months) D. 10 years (120 months)
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