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Business, 02.08.2019 12:00 rconyers00

Frank purchased his house 16 years ago by taking out a 25-year mortgage for $150,000. the mortgage has a fixed interest rate of 5 percent compounded monthly. if he wants to pay off his mortgage today, how much money does he need? he made his most recent mortgage payment earlier today.

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Frank purchased his house 16 years ago by taking out a 25-year mortgage for $150,000. the mortgage h...
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