Business, 18.03.2020 18:46 nerual0503

Suppose you take out a 30-year mortgage for $100,000 with annual payments. The interest rate on the mortgage is 8%. When you have paid off half the mortgage, so that the value of the remaining payments is reduced to $50,000, how many more payments need to be made

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Suppose you take out a 30-year mortgage for $100,000 with annual payments. The interest rate on the...