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Mathematics, 24.02.2020 21:16 spearjj

Hank has the choice of taking out a 30-year loan for $165,000 at 9.1%
interest, compounded monthly, or the same loan at 20 years for a higher
monthly payment. How much more is the monthly payment for the 20-year
loan than the monthly payment for the 30-year loan?

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Hank has the choice of taking out a 30-year loan for $165,000 at 9.1%
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