Business, 20.07.2019 02:30 Dpj21

Suppose you take out a home mortgage for $180.000 at a monthly interest rate of 0.4%. if you make payments of $1000/month, after how many months will the loan balance be zero? estimate the answer by graphing the sequence of loan balances and then obtain an exact answer.

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Suppose you take out a home mortgage for $180.000 at a monthly interest rate of 0.4%. if you make pa...

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