Mathematics, 20.04.2020 19:48 alex6111

Hank has the choice of taking out a 30 year old loan for $16500 at 9.1% interest compounded monthly or at the same loan at 20 years for a higher month payment. How much more is the monthly payment for the 20 year loan than the monthly payment for the 30 year loan

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Hank has the choice of taking out a 30 year old loan for $16500 at 9.1% interest compounded monthly...

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