Question: 5.4 Homework: Problem 8 Previous Problem Problem List Next Problem Show Proble (1 point) Sharon pays off a $189000 mortgage by making equal payments at

 5.4 Homework: Problem 8 Previous Problem Problem List Next Problem Show

5.4 Homework: Problem 8 Previous Problem Problem List Next Problem Show Proble (1 point) Sharon pays off a $189000 mortgage by making equal payments at the end of each year for 20 years. Find her yearly payment if the interest is 5 percent per year compounded annually. How much equity does Sharon have after 16 years? Note: You can earn partial credit on this

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