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A fully amortized loan has a 360 month payment schedule with principal and interest payments of $2588 each month. The amortization of this loan will pay off the loan in:
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Nov 20, 2021
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A fully amortized loan has a 360 month payment schedule with principal and interest payments of $2588 each month. The amortization of this loan will pay off the loan in:
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Answer:
30 years.
Step-by-step explanation:
Jimmy Miller
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