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Home Q & A Board Science-Related Homework Help Mathematics
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lythong266 lythong266
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A year ago
A $100,000 mortgage at 3.8% compounded semiannually with a 25-year amortization requires monthly payments. How much will the amortization period be shortened if payments are increased by 10% starting in the second year and a $10,000 lump payment is made along with the 24th payment?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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snowcat012snowcat012
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A year ago
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lythong266 Author
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A year ago
This calls for a celebration Person Raising Both Hands in Celebration
Marctheshark
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Yesterday
Smart ... Thanks!
Gorgio_De
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2 hours ago
this is exactly what I needed
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