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Home Q & A Board Science-Related Homework Help Mathematics
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aznhermit101 aznhermit101
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A year ago
A $100,000 mortgage at 6.8% compounded semiannually with a 30-year amortization requires monthly payments. The mortgage allows the borrower to "double up" on a payment once each year. How much will the amortization period be shortened if the borrower doubles the eighth payment?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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GremGrem
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A year ago
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aznhermit101 Author
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A year ago
Smart ... Thanks!
Ctownsend
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Yesterday
Thanks for your help!!
Starfiew
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2 hours ago
This helped my grade so much Perfect
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