Tim has obtained a 3/27 balloon mortgage. after the initial period, he decided
to refinance th...
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Mathematics, 18.10.2019 18:20 jeanieb
Tim has obtained a 3/27 balloon mortgage. after the initial period, he decided
to refinance the balloon payment with a new 30-year mortgage. how many
years will he be paying for his mortgage in total?
a. 3 years
b. 27 years
c. 33 years
d. 30 years
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Answers: 2
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