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Mathematics

Answered

Number 108 (The formula is in the screenshot)
The Garcia family wanted to take out a mortgage for $150,000 at 8% interest with monthly payments. The family can afford monthly payments of $1200. How long would they have to make payments to pay off their mortgage, and how much interest would they be paying?

Number 108 The Formula Is In The Screenshot The Garcia Family Wanted To Take Out A Mortgage For 150000 At 8 Interest With Monthly Payments The Family Can Afford class=

Answer :

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