Mathematics, 05.05.2020 20:40, cristian691023

A couple decides to buy a house which is currently valued at 318921.46 on loan. The couple is willing to start paying 200 per month and are willing to increase their payment at a rate of 5% every month. How many payments are necessary to pay off the loan amount assuming no deposit was made?What is the value of the final payment that they would make assuming no deposit was made?

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A couple decides to buy a house which is currently valued at 318921.46 on loan. The couple is willin...

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