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Business, 29.01.2021 01:30 kragland4752

B) Suppose that regular raises at your job allow you to increase your annual payment by 7% each year. For simplicity, assume this is a nominal rate, and your payment amount increases continuously. How long will it take to pay off the mortgage

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B) Suppose that regular raises at your job allow you to increase your annual payment by 7% each year...
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