Last year you got a loan of $875,200 to buy a condo. The interest rate...
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Last year you got a loan of $875,200 to buy a condo. The interest rate is 7.19 percent, compounded semiannually. Your maximum semiannual payment is 12850. How many years will take for you to pay off the condo loan? A. 35.03 years B. 20.40 years C. 18.93 years D. 17.50 years E. 3.31 years
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