Question: I f the initial mortgage D i s $ 4 0 0 , 0 0 0 , the annual interest rate r i s 5

If the initial mortgage Dis $400,000, the annual interest rate ris5% using a continuous annual rate , and payments P are $40,000 every year , how many years will it take to pay off the loan where tis time, using the formula dDdt=rD-P?

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