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Mathematics, 22.08.2020 20:01 winstonbendariovvygn

A partially amortizing loan of $200,000 is made with 4.55% annual interest. A balloon of $20,000 exists on the loan. If the monthly payments are $2,500, in how many years will the loan be fully repaid?

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A partially amortizing loan of $200,000 is made with 4.55% annual interest. A balloon of $20,000 exi...

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