jenniferpineda867 jenniferpineda867

19-09-2020
Mathematics

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Balloon Payment (Math)

Balloon Payment Math class=

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sqdancefan sqdancefan

19-09-2020

Answer:

96

Step-by-step explanation:

The loan duration is for 8 years, a total of 12·8 = 96 monthly payments. The 96th payment is the balloon payment.

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