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Title: Helen and Morley borrowed $20,000 from Helen's father to make a down payment on a house. The ... Post by: wberry8 on Jun 12, 2023 Helen and Morley borrowed $20,000 from Helen's father to make a down payment on a house. The interest rate on the loan is 8% compounded annually, but no payments are required for two years. The first monthly payment of $300 is due on the second anniversary of the loan. How long after the date of the original loan will the last payment be made? Round up the number of payments.
Title: Re: Helen and Morley borrowed $20,000 from Helen's father to make a down payment on a house. The ... Post by: bolusmachine on Jun 12, 2023 Content hidden
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