A mortgage of $178,000 is to be repaid by making payments of $868 at the...
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A mortgage of $178,000 is to be repaid by making payments of $868 at the end of each month If interest is 3 13% per annum compounded semi-annually, what is the term of the mortgage? State your answer in years and months (from 0 to 11 months) The term of the mortgage is year(s) and month(s)
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