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Business, 18.11.2020 16:40 martinezizzie

3) A 20 year mortgage set up for uniform monthly payments with 6 percent interest compounded monthly is taken over by a new owner after 8 years. At that time $12,000 is still owed on the principal. What was the amount of the original loan?

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3) A 20 year mortgage set up for uniform monthly payments with 6 percent interest compounded monthly...
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