Thomas has purchased a $129,000 home with a 30-year mortgage at 5.25% He can make a monthly

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Thomas has purchased a $129,000 home with a 30-year mortgage at 5.25% He can make a monthly payment of $1050. If he were to make this payment each month, how long will it take him to pay off his mortgage?

Posted Date: May 15, 2024 01:48 PM

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Thomas has purchased a $129,000 home with a 30-year mortgage at 5.25% He can make a monthly

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To solve this problem we need to find the number of months it will take Thomas to pay off his mortga... View the full answer

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