Question: A building is priced at $125,000. If a down payment of $25,000 is made and a payment of $1,200 every month thereafter is required, how
A building is priced at $125,000. If a down payment of $25,000 is made and a payment of $1,200 every month thereafter is required, how many months will it take to pay for the building? Interest is charged at a rate of 9% compounded monthly
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