Question: Question 7 10 pts Consider a mortgage (or annuity) with a fixed interest rate of 6% and a constant monthly payment of $719.46. If the

 Question 7 10 pts Consider a mortgage (or annuity) with a

Question 7 10 pts Consider a mortgage (or annuity) with a fixed interest rate of 6% and a constant monthly payment of $719.46. If the current value is $49,249.27, how many years will it take to fully amortize to a zero balance? 5 years 6 years 7 years 8 years 9 years

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